IQSTEL and Cycurion Forge Stronger Ties with New Shareholding Strategy and Joint Growth Initiatives
Strengthening Strategic Bonds
In a move that highlights a deep commitment to collaboration, IQSTEL Inc. (NASDAQ: IQST) and Cycurion Inc. (NASDAQ: CYCU) have officially announced an evolution in their strategic alliance. This new approach requires both companies to distribute $500,000 worth of their own shares to their respective shareholders as a one-time pro-rata dividend, retaining full ownership of cross-held shares valued at $1 million.
The decision, made public on November 25, 2025, comes following a coordinated review of potential methods to reinforce their partnership. By focusing on issuing dividends in their own shares rather than redistributing cross-held shares, the two companies aim to streamline operations, simplify processes, and enhance value for their shareholders.
A Reflection of Long-Term Commitment
By opting to maintain their cross-holdings, IQSTEL and Cycurion send a clear message: their relationship transcends transactional exchanges, signaling a mutual long-haul investment approach. This strategy is intended to exhibit a shared vision and a collaborative roadmap for joint product development that aligns closely with their corporate missions.
The term “sibling companies” has been adopted by both firms to depict their shared trajectory as they work together to make significant strides in innovative technological realms, including artificial intelligence, cybersecurity, and telecommunication services.
Insights from Leadership
Leandro Iglesias, CEO of IQSTEL, emphasized the importance of their collaboration, stating, “By retaining our full $1 million cross-held shares, IQSTEL and Cycurion portray a deeper level of trust and alignment. It indicates a long-term partnership where we are actively engaged in building high-tech products and entering new market territories together.”
Similarly, Cycurion’s CEO, Kevin Kelly, echoed this sentiment, commenting, “Keeping the cross-holdings intact sends the right message that we are committed to growing side by side. The planned distribution of dividends using each company's own shares eliminates unnecessary regulatory hurdles, streamlining the process for our shareholders.”
Future Developments on the Horizon
Both organizations are currently collaborating on cutting-edge cybersecurity technologies and artificial intelligence-based applications aimed at enhancing security for telecommunication firms, financial institutions, and enterprise clients across numerous countries and time zones. There is an expectation to unveil more details on their partnership developments as new products emerge throughout the first half of 2026.
About Cycurion Inc. and IQSTEL Inc.
Based in McLean, Virginia, Cycurion is dedicated to delivering innovative IT cybersecurity solutions while leveraging AI technology. The company’s extensive portfolio caters to government, healthcare, and corporate clients globally.
On the other hand, IQSTEL Inc. operates in over 20 countries, focusing on advanced solutions within the telecommunications and digital sectors, projecting significant revenue growth that targets $340 million by the end of fiscal year 2025.
As both companies continue to navigate the complexities of the tech landscape, their strengthened alliance stands as a testament to their commitment to mutual growth, collaboration, and innovation in the rapidly evolving digital world.