<SEC-DOCUMENT>0001663577-24-000301.txt : 20250319
<SEC-HEADER>0001663577-24-000301.hdr.sgml : 20250319
<ACCEPTANCE-DATETIME>20241204113743
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001663577-24-000301
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20241204

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			iQSTEL Inc
		CENTRAL INDEX KEY:			0001527702
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				452808620
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		300 ARAGON AVENUE, SUITE 375
		CITY:			CORAL GABLES
		STATE:			FL
		ZIP:			33134
		BUSINESS PHONE:		(954) 951-8191

	MAIL ADDRESS:	
		STREET 1:		300 ARAGON AVENUE, SUITE 375
		CITY:			CORAL GABLES
		STATE:			FL
		ZIP:			33134

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PURESNAX INTERNATIONAL, INC.
		DATE OF NAME CHANGE:	20151124

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PURE SNAX INTERNATIONAL, INC.
		DATE OF NAME CHANGE:	20150813

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	B-MAVEN, INC.
		DATE OF NAME CHANGE:	20110810
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: center"><B>iQSTEL Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: center"><B>300 Aragon Avenue, Suite 375</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: center"><B>Coral Gables, FL 33134</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: center"><B></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><B><I><U>Via EDGAR </U></I></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">December 4, 2024</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">United States Securities and Exchange Commission</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">100 F Street, N.E. Mailstop 3720</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">Washington D.C., 20549-7010</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">Attention: Anastasia Kaluzienski</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify; text-indent: 0.5in"><B>Re: iQSTEL Inc</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify; text-indent: 0.5in"><B>Form 10-K for the Year Ended
December 31, 2023</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify; text-indent: 0.5in"><B>File No. 000-55984</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">Dear Anastasia Kaluzienski:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">I write on behalf of iQSTEL Inc. (the &ldquo;Company&rdquo;)
in response to Staff&rsquo;s letter of November 8, 2024, by the Division of Corporation Finance of the United States Securities and Exchange
Commission (the &ldquo;Commission&rdquo;) regarding the above-referenced file number (the Comment Letter&rdquo;).</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">Paragraph numbering used for each response corresponds
to the numbering used in the Comment letter.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt"><FONT STYLE="font-variant: small-caps"><B>Form 10-K for the Year Ended
December 31, 2023</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt"><FONT STYLE="font-variant: small-caps"><B>Audited Financial Statements</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt"><FONT STYLE="font-variant: small-caps"><B>Note 2. Summary of Significant
Accounting Policies</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt"><FONT STYLE="font-variant: small-caps"><B>Revenue Recognition, page F-11</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><FONT STYLE="font-variant: small-caps">1. We note
the Company recognizes revenue related to &quot;monthly usage charges and</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><FONT STYLE="font-variant: small-caps">other recurring
charges&quot; during the period in which the telecommunication services are rendered. Please expand your revenue recognition policy and
explain to us:</FONT></P>

<P STYLE="text-indent: 20pt; font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><FONT STYLE="font-variant: small-caps">&bull;
the specific performance obligations of the Company in its contracts with its customers;</FONT></P>

<P STYLE="text-indent: 20pt; font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><FONT STYLE="font-variant: small-caps">&bull; what
is specifically being used that results in &quot;usage&quot; charges; and</FONT></P>

<P STYLE="text-indent: 20pt; font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><FONT STYLE="font-variant: small-caps">&bull; the
nature of the &quot;other recurring charges&quot; and the services provided resulting in revenue recognition.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">In response to this comment, the Company recognizes
revenue from contracts with customers in accordance with FASB ASC Topic 606, <I>Revenue from Contracts with Customers (Topic 606) (ASC
606). </I>ASC 606, along with its related amendments, requires companies to recognize revenue to depict the transfer of promised goods
or services to customers in an amount that reflects the consideration to which they expect to be entitled in exchange for those goods
or services. The standard prescribes the following five-step model for recognizing revenue, the application of which may require significant
judgment:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Identify the contract with a customer.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Identify the performance obligations in the contract.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Determine the transaction price.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Allocate the transaction price to performance obligations in the contract.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Recognize revenue as performance obligations are satisfied.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="background-color: white">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="background-color: white"></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="background-color: white">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><FONT STYLE="background-color: white">The Company
recognizes revenue related to monthly usage charges and other recurring charges during the period in which the telecommunication services
are rendered, provided that persuasive evidence of a sales arrangement exists, and collection is reasonably assured. Management considers
persuasive evidence of a sales arrangement to be a written interconnection agreement. The Company&rsquo;s payment terms vary by client.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">With respect to <FONT STYLE="font-variant: small-caps"><I>the
specific performance obligations of the Company in its contracts with its customers,</I></FONT> our standard service agreement stablishes
the following:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">The Company agrees to furnish to Customer, and Customer agrees to purchase
from the Company, International Long Distance telecommunication services and/or SMS services at the rates agreed to in writing by the
Parties.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">The Company will provide, operate and maintain communications equipment,
international links and network administration and support in the United States and other countries as may be agreed upon.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">The Company will be responsible for its own expenses and will provide, operate,
and maintain transmission facilities required to link its domestic network with the other Party's nearest point of presence (POP).</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">The Company shall provide the Customer with all required IP network addresses,
Domain Name Server (DNS) information and, if necessary, the associated prefixes used to exchange voice traffic as provided on the provisioning
form.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">The Company shall take all appropriate security measures to protect its
network from fraudulent traffic coming from unknown or unauthorized sources. Any and all IP and network information received by the Company
from Customers for the purposes of this agreement shall be held in strict confidentiality, and disclosed only to those employees or personnel
with a need to know. The Company shall inform Customers as soon as practical of any possible breaches or hacking of its or its Customers&rsquo;
networks, and take the necessary measures to block or prevent unauthorized traffic.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">With respect to <FONT STYLE="font-variant: small-caps"><I>what
is specifically being used that results in &quot;usage&quot; charges</I>, </FONT>in the telecom voice and SMS business services, usage
charges refer to the fees that customers are billed based on their actual usage of the services. For voice services, this typically means
charges based on the duration of calls made. For SMS (text messaging), it usually means charges per message sent.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><FONT STYLE="font-size: 11pt; line-height: 107%">With
respect to <FONT STYLE="font-variant: small-caps"><I>the nature of the &quot;other recurring charges&quot; and the services provided
resulting in revenue recognition</I>, </FONT>these are referred to charges for services such as (1) </FONT><FONT STYLE="font-size: 11pt">Global
DIDs, (2) Global Toll-Free Numbers, (3) PBX (Private Branch Exchange) for small businesses, and (4) SIP Trunking. These services usually
have set-up fees and are offered in a subscription or month-to-month basis.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><FONT STYLE="font-variant: small-caps">2. With respect
to each specified service promised to the end customer in your revenue arrangements, please provide us your analysis of whether the Company
is the principle or agent. Identify in this analysis each specified service being provided to the end customer and explain how the Company
controls this service. Refer to the guidance IN ASC 606-10-55-36 through 55-40. Explain to us your consideration of the indicators of
control in ASC 606-10-55-39.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-variant: small-caps"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 90%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; border: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Service Provided</TD>
    <TD STYLE="width: 25%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Condition in which the service is provided</TD>
    <TD STYLE="width: 25%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">How the Company controls the service (ASC 606-10-55-39)</TD>
    <TD STYLE="width: 25%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Reference to ASC 606</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">International Voice Termination for carriers</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Principle</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company is primarily responsible for fulfilling the&nbsp;promise to
    provide the specified service.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company has&nbsp;discretion in establishing&nbsp;the&nbsp;price&nbsp;for
    the specified service.</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37A</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37B</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">International SMS termination</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Principle</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company is primarily responsible for fulfilling the&nbsp;promise to
    provide the specified service.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company has&nbsp;discretion in establishing&nbsp;the&nbsp;price&nbsp;for
    the specified service.</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37A</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37B</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Global DIDs</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Principle</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company is primarily responsible for fulfilling the&nbsp;promise to
    provide the specified service.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company has&nbsp;discretion in establishing&nbsp;the&nbsp;price&nbsp;for
    the specified service.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company has an inventory risk for the acquisition of a DID numbers
    before the service is provided to the customers.</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37A</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37B</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/107% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">Global Toll-Free Numbers.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Principle</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company is primarily responsible for fulfilling the&nbsp;promise to
    provide the specified service.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company has&nbsp;discretion in establishing&nbsp;the&nbsp;price&nbsp;for
    the specified service.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company has an inventory risk for the acquisition of a DID numbers
    before the service is provided to the customers.</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37A</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37B</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">PBX</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Principle</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company is primarily responsible for fulfilling the&nbsp;promise to
    provide the specified service.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company has&nbsp;discretion in establishing&nbsp;the&nbsp;price&nbsp;for
    the specified service.</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37A</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37B</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">SIP Trunking</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Principle</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company is primarily responsible for fulfilling the&nbsp;promise to
    provide the specified service.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company has&nbsp;discretion in establishing&nbsp;the&nbsp;price&nbsp;for
    the specified service.</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37A</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">606-10-55-37B</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">The Company provides all services to the customers
by using its own network infrastructure, and if the Company does not allow the customers to have access to that network infrastructure,
the customers will not have access to the services.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">Sincerely</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"><U>/s/ Alvaro Cardona</U></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">Alvaro Cardona</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">Chief Financial Officer</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

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