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Quest Oil (OTC: QOIL) has announced its acquisition of Skycom Mobile, a South Dakota-based mobile telecom operator, marking a strategic pivot from oil to telecommunications. The company will rebrand as Skycom, Inc. and plans to launch eSIM services in Q4 2025.
Skycom's core offering features the exclusive iPass Switchboard technology, a patented solution that automatically switches between 4G/5G, Satellite, and free Wi-Fi connectivity based on quality and cost-effectiveness. The company aims to eliminate roaming charges and provide nationwide wireless coverage.
To support this transition, the company is initiating two funding rounds, with an initial $5 million sought for platform and brand development. Markwin Maring, Skycom Mobile's founder, will serve as Chairman of the Board while managing daily operations.
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