On October 9, 2025, IQSTEL Inc. announced that it had eliminated all convertible notes and fully paid for its QXTEL and Globetopper acquisitions, achieving a debt‑free balance sheet. This milestone removes all interest obligations and strengthens the company’s liquidity position. The announcement also revealed that the company plans to distribute $500,000 in shares as a dividend by the end of 2025, marking the first shareholder payout since its transition to a Nasdaq‑listed entity.
The debt‑free status eliminates recurring interest expense, freeing cash that can be redirected toward the company’s AI, fintech, and cybersecurity initiatives. By removing leverage, IQSTEL improves its credit profile and gains greater flexibility to pursue strategic investments and acquisitions. The planned share dividend demonstrates a tangible return to shareholders, reinforcing investor confidence in the company’s financial health. These developments provide a clear, material benefit to investors and represent a significant step in IQSTEL’s transformation strategy.
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