ONAR Forms Strategic Alliance with iQSTEL, Celebrates Remarkable Q4 Growth
ONAR Forms Strategic Alliance with iQSTEL
ONAR, a rapidly expanding network of specialized boutique marketing agencies, has officially confirmed its new partnership with iQSTEL, Inc., a leading telecommunications and technology company. The agreement, finalized in October 2024, signifies a major opportunity for ONAR, valued in the mid-six figures. ONAR's agency, Storia, has been tasked with leading the rebranding, marketing, and growth initiatives for iQSTEL in light of the company's successful financial performance in the fourth quarter of Fiscal Year 2024.
This partnership comes on the heels of impressive results from iQSTEL, which reported net revenue of $96 million for Q4 2024, representing a remarkable 77% increase compared to $52 million in the previous quarter. Such growth showcases not only the effectiveness of iQSTEL’s business model but also the dedication of its team.
Claude Zdanow, CEO of ONAR, expressed enthusiasm about the partnership, stating, "We are incredibly proud of iQSTEL's achievements in Q4. Their robust financial performance is a testament to their strong business model and commitment to excellence. We look forward to supporting iQSTEL in reaching its strategic objectives."
Leandro Iglesias, President and CEO of iQSTEL, echoed those sentiments, stating, "Partnering with ONAR aligns perfectly with our vision. Their expertise in branding and marketing gives us confidence as we work to strengthen our brand identity and drive growth."
Currently, ONAR is focused on developing a comprehensive branding strategy for iQSTEL, aiming for several key objectives:
1. Enhancing Visual Identity: The partnership seeks to develop a strong and compelling visual identity that accurately reflects iQSTEL's diverse services.
2. Refining Brand Story: ONAR intends to effectively communicate iQSTEL's unique value proposition through a well-defined messaging strategy that resonates with their target audience.
3. Strengthening Market Positioning: The collaboration is also aimed at positioning iQSTEL as a leader across the telecommunications and technology sectors.
With nearly 50 employees operating globally across five continents, ONAR is committed to expanding its team to support rapid growth and acquisition efforts while serving over 45 clients from various sectors with a focus on generating meaningful results.
As ONAR embarks on this strategic partnership, the company remains devoted to its mission of delivering exceptional service through an integrated, AI-driven approach, ensuring that every client relationship is built on trust and exemplary performance. With a target to achieve over $100 million in revenue and aspirations for a NASDAQ listing, ONAR is poised for dynamic expansion in the upcoming years.
This partnership not only highlights the growth trajectory of both companies but also marks a significant step in the telecom industry, as they collaborate to enhance communication solutions that meet high cybersecurity standards, ensuring a robust platform for their future endeavors.
In conclusion, as ONAR and iQSTEL work in unison, the tech and telecom landscape may witness transformative changes, reflecting the advancements in branding and marketing strategies that cater to the growing demands of the marketplace.