Axesstel and Bakrie Telecom Partner to Increase Access to Affordable Telecommunication Services in Indonesia.Axesstel L800F and P830 Phones and Wifone Fixed Wireless Service Extend Access to Affordable Voice and Data in Indonesia SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. & JAKARTA, Indonesia -- Axesstel, Inc. (AMEX AMEX See: American Stock Exchange :AFT), a leader in the design and development of fixed wireless voice and broadband data products, and PT Bakrie Telecom Tbk (BTEL), the fastest growing fixed wireless telecom operator in Indonesia, today announced the new BTEL Wifone fixed wireless service is being bundled with the Axesstel L800F and P830 CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. 2000 1X Fixed Wireless Desktop Phones to make quality, affordable voice and data services more broadly available to consumers and businesses in urban, rural and underserved regions within BTEL licensed areas throughout Indonesia. Shipments of the Axesstel L800F and P830 have already begun and the Wifone service was launched in late September. The current population in Indonesia is estimated to be over 220 million with a landline penetration of only four percent. Bakrie Telecom's CDMA2000 1X fixed wireless network provides a superior solution to costly landline network alternatives by enabling greater flexibility in physical deployment, lower capital expenditures for infrastructure and reduced time to market. These advantages allow Bakrie Telecom to pass along the savings to its customers and provide immediate access to quality voice and data services. "The launch of our Wifone fixed wireless service, with 35 value-added benefits, will enable us to meet high consumer demand for affordable telecommunications services in this under penetrated fixed line market," said Satyadev Sarvaiya, vice president, fixed wireless service for Bakrie Telecom. "Bundled with Axesstel L800F and P830 phones, Wifone offers our customers handphone features at landline rates and also provides immediate access to telecommunication services for their home or office without the long wait for a network connection from a landline provider." "Indonesia's low teledensity rate presents tremendous potential for growth in telecommunications services. The technical, financial and time to market advantages of Bakrie's CDMA fixed wireless network paired with the quality and quick set-up of our phones offer a complete solution to meet untapped market demand in this region," said Marv Tseu, chief executive officer for Axesstel. "Our new P830 and L-series phones have enabled us to gain innovative operator partners like Bakrie Telecom, further diversify our global customer base and increase our market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" in Indonesia, one of the fastest growing fixed wireless markets in the world." The rugged, dust-resistant L800F is an entry level, low cost phone targeted at first time users and features voice calling, short messaging See SMS. and an FM radio for news and music. The P830 is designed to appeal to users looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. more robust voice and data services with feature rich functionality. The P830 features a built-in FM radio with automatic station search and 10-station memory presets, an integrated alarm function, and large four-line liquid crystal display liquid crystal display (LCD) Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. to enable quick and easy text messaging Sending short messages to a smartphone, pager, PDA or other handheld device. Text messaging implies sending short messages generally no more than a couple of hundred characters in length. . When connected to a desktop PC or laptop, the P830 provides high-speed data access at speeds up to 153.6 kbps. ABOUT PT BAKRIE TELECOM TBK Bakrie Telecom is the fastest growing wireless telecom operator in Indonesia and a leader in providing affordable fixed wireless services to customers. Bakrie Telecom provides fixed wireless, limited mobility and wireless data services to individuals and corporations in 15 cities throughout DKI DKI Dynamic Keyword Insertion DKI Disaster Kleenup International (Wood Dale, IL) DKI diffusional kurtosis imaging DKI Don't Knock It DKI Device Kernel Interface Jakarta, West Java West Java (Indonesian: :Jawa Barat) is a province of Indonesia, located on the island of Java. The capital is Bandung. History and Banten Province. For more information on Bakrie Telecom, visit http://www.bakrietelecom.com/. 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 “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. 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. Forward-Looking Statements "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: With the exception of historical information, the statements set forth above include forward-looking statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc 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 An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called 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. |
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