Axesstel Announces Availability of 3G Gateways Converging EV-DO Rev A Data, Wi-Fi Router and Ethernet Switch.

Axesstel's MV400 Series Offer a More Flexible Broadband Solution and Enables Operators to Drive ARPU

HONG KONG -- Axesstel, Inc. (AMEX:AFT), a leader in the design and development of fixed wireless voice and broadband data products, today announced the availability of the MV400 Series of CDMA2000 1xEV-DO Rev A Wireless Broadband Gateways, which offer consumer and business users Wi-Fi access to broadband data from any room in the home or office. The MV400 series 3G gateways provide subscribers with a more viable and flexible alternative to conventional land-line services and enable operators in emerging and developed countries worldwide to increase average revenue per unit (ARPU). Homologation units for operators are scheduled to be available at the end of December; a limited quantity of commercial shipments of the first models in the series will be available in February; and general availability will be in March. Axesstel will be exhibiting the MV400 series at ITU Telecom World, being held in Hong Kong from December 4-8, 2006.

"The MV400 series provides consumers and businesses with a more robust and versatile alternative to traditional wire-line services," commented Marv Tseu, chief executive officer for Axesstel. "Adding this 3G Wi-Fi gateway to their product offerings, allows operators to better leverage their wireless broadband networks and increase ARPU. In emerging regions, the gateways enable operators to provide broadband data access where service is either limited or non-existent. In industrialized countries, operators can offer their residential and business subscribers convenient broadband access from multiple desktop or laptop PCs throughout the home or office.

"The MV400 further diversifies our broadband product portfolio, enabling us to increase product margins and expand our addressable market to industrialized regions," added Tseu.

The MV400 series, including the MV410 (450 MHz), MV420 (800 MHz), MV430 (1900 MHz) and MV440 (800/1900 MHz), combines CDMA2000 1xEV-DO Rev A wireless wide area networking (WWAN), a Wi-Fi wireless local area networking (WLAN) router, and a four port Ethernet switch. The gateways are an easy-to-use, integrated desktop networking device that connects multiple desktop and laptop PCs to broadband data at speeds up to 3.1 mega bits per second (Mbps). They address the demand from fixed wireless and mobile carriers for a terminal device that enables them to offer residential, small office/home office (SOHO), enterprise and commercial customers a viable high-speed alternative to dial up, integrated services digital network (ISDN) and digital subscriber line (DSL).

Integrated with an 802.11 b/g Wi-Fi router, the MV400 series gateways offer laptop users the convenience of wireless connectivity to broadband data from any room in a home or office. These products enable easy set up of a local hotspot for a variety of applications in small business, enterprise, retail, public transportation, emergency response and other vertical market environments.

Engineered with a sleek new desktop and wall-mountable design, the MV400 series provide broadband access to email, the Internet, data-intensive photos and graphics, and multimedia streaming. The gateways are backward compatible to CDMA2000 1X Rev 0 and CDMA2000 1X to ensure subscribers maintain high-speed connectivity in areas where a CDMA2000 1xEV-DO Rev A network is not yet available.

Without any software drivers to install, a four-port Ethernet (RJ-45) router provides a user-friendly, plug-and-play solution that enables users to network multiple laptop and desktop PCs for streamlined access to high-speed data. A USB port provides an additional data connection point. The dual-band (800/1900 MHz) functionality of the MV440 provides compatibility with networks worldwide.

Additional features of the Axesstel MV400 series 3G gateways include:

* Compatibility with other LAN and WLAN networking devices to further expand device networking capability

* Two Wi-Fi antennas and two receive diversity antennas to maximize data throughput and network accessibility in fringe areas

* Six LEDs indicate power, signal, connection, 1xEV-DO mode, Ethernet and Wi-Fi status

* An optional back-up battery enables wire-free use in any room and ensures uninterrupted data connectivity

For more information on the MV400 series gateways visit www.axesstel.com

AXESSTEL AT ITU TELECOM WORLD 2006

Axesstel will exhibit the MV440 gateway along with its recently announced MV100 Series 1xEV-DO Rev A USB Modems and PX100 Series Fixed Wireless Phones in Stand 2001.4, in the USA Pavilion located in Hall 2 at ITU Telecom World 2006, being held December 4-8, 2006, at the Asia World Expo, in Hong Kong, China.

NOTES FOR EDITOR

Senior Axesstel executives will be available at ITU to offer comment on:

* Global market demand for fixed and mobile broadband data access

* Advantages of fixed and mobile wireless broadband data access

* Successful business models and applications for fixed wireless voice and broadband data

* Convergence of voice & data, land-line and wireless technology and WLAN/WWAN networking

* Axesstel's new USB modems, 3G gateways, fixed wireless phones and product roadmap

To set up a briefing, please contact:

Kim K. Haneke
Axesstel, Inc.
[phone]
[e-mail]

ABOUT AXESSTEL, INC.

Axesstel (AMEX:AFT) is a leader in the design and development of fixed wireless voice and broadband data products. Axesstel's product portfolio includes fixed wireless desktop phones, public call office phones, voice/data terminals, broadband modems and 3G gateways for access to voice calling and high-speed data services. The company delivers innovative fixed wireless solutions to leading telecommunications operators and distributors worldwide. Axesstel is headquartered in San Diego, California, and has a research and development center in Seoul, South Korea. For more information on Axesstel, visit www.axesstel.com.

[c] 2006 Axesstel, Inc. All rights reserved. The Axesstel logo is a trademark of Axesstel, Inc.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements relating to market penetration and conditions, product capabilities and the timing of new product introductions which may affect future results and the future viability of Axesstel. Axesstel wishes to caution readers that actual results could differ materially from those suggested by the forward-looking statements due to risks and uncertainties and a number of important risk factors. Those factors include but are not limited to unforeseen manufacturing difficulties, unanticipated component shortages, competitive pricing pressures and the risk factors noted in Axesstel's filings with the Securities and Exchange Commission, such as the rapidly changing nature of technology and frequent introductions of new products and enhancements by competitors; the competitive nature of the markets for Axesstel's products; product and customer mix; Axesstel's need to gain market acceptance for its products; the risks of primary dependence on one large customer; potential intellectual property-related litigation; Axesstel's need to attract and retain skilled personnel; and Axesstel's primary reliance on its sole contract manufacturer. All forward-looking statements are qualified in their entirety by this cautionary statement, and Axesstel undertakes no obligation to revise or update this press release to reflect events or circumstances occurring after this press release.