ONAR (OTCQB:RELT) announced a new partnership with telecommunications and technology company iQSTEL, Inc to provide a range of rebranding and marketing services.
The agreement, finalized in October 2024, tasks ONAR (OTCQB:RELT)'s flagship agency, Storia, with leading iQSTEL's rebranding and marketing initiatives as the telecom innovator celebrates robust fourth-quarter results.
The contract is worth “six figures,” ONAR (OTCQB:RELT) told shareholders in a statement.
ONAR noted that iQSTEL recently reported a 77% jump in net revenue for the fourth quarter of fiscal year 2024, reaching $96 million compared to $52 million in Q3.
ONAR will focus on enhancing iQSTEL’s brand identity, refining its messaging strategy, and solidifying its market position in telecommunications, fintech, and technology.
"We are incredibly proud of iQSTEL's achievements in Q4," said Claude Zdanow, CEO of ONAR.
"Their strong financial performance demonstrates the strength of their business model and their team's dedication. We are excited to continue our partnership and support iQSTEL in achieving its strategic goals."
iQSTEL President and CEO Leandro Iglesias expressed similar enthusiasm. “By leveraging their innovative strategies and creative talent, we are confident in our ability to establish a stronger brand identity and drive significant growth," Iglesias said.