ACCRA, Ghana — 4th June 2026 — Ultranet Telecom Group, a Ghana-headquartered telecommunications and technology company with operations across Africa and international markets, today welcomed IQSTEL Inc.’s announcement of a binding Memorandum of Understanding to acquire a 51% controlling interest in Ultranet. 

Over the years, Ultranet has built a solid telecom platform across Africa, supported by strong operator relationships, exclusive international SMS gateway agreements, and a reliable global voice and messaging business. These strengths have enabled Ultranet to consistently deliver high-quality communication services to partners across Africa and international markets. 

The partnership reflects broader positive momentum within the telecommunications industry with increasing demand for secure, reliable, and high-quality connectivity services. Ultranet remains well-positioned to benefit from these trends through its strong infrastructure, trusted partnerships, and established presence across key African markets. 

Through this strategic step, Ultranet will accelerate its growth by expanding into new regions, strengthening its network capabilities, and taking on larger opportunities. At the same time, the company will continue to maintain the high standards of quality, reliability, and transparency that its partners expect. 

Raymond Oppong-Dapaah, CEO of Ultranet Telecom Group, commented: “Our March 2026 strategic direction made clear that Ultranet is entering its next phase: scaling secure telecom infrastructure, strengthening high-value partnerships, and expanding into new regions. IQSTEL brings the global scale and digital services vision to help accelerate that ambition.” 

Together, we intend to accelerate Ultranet’s Africa growth and launch the Ultranet platform into the Middle East and Asia. Raymond Oppong-Dapaah and his management team will continue leading day-to-day operations and will now have access to greater financial resources, a larger global platform, and expanded technology capabilities to pursue significantly larger opportunities.”  

Impact on Existing Partners 

This partnership is a positive growth initiative that strengthens Ultranet’s market position and future opportunities. There will be no changes to management, operations, or existing partner relationships. Partners can expect the same commitment, service, and collaboration, with the added benefit of increased scale, resources, and growth potential. 

Strategic Advantages of the Partnership

The combined platform is expected to operate in approximately 30 countries across 5 continents. The partners believe the transaction creates substantial strategic value through: 

• Expanded telecom infrastructure and carrier operations 

• Accelerated growth of high-margin Digital Services, AI, and fintech 

• Accelerated presence in Africa, Middle East, Asia 

• Stronger international interconnection capabilities 

• Operational synergies and cost efficiencies 

Looking ahead, the company remains committed to strengthening its partnerships, expanding its footprint, and capturing new opportunities as demand for connectivity and messaging services continues to grow worldwide. 

By: ULTRANET PR TEAM