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Axesstel and Bakrie Telecom Partner to Increase Access to Affordable Telecommunication Services in Indonesia.


Axesstel L800F and P830 Phones and Wifone Fixed Wireless Refers to point-to-point transmission through the air between stationary devices. Fixed wireless is typically used for "last mile" connectivity to buildings. Contrast with mobile wireless. See WISP. Service Extend Access to Affordable Voice and Data in Indonesia

SAN DIEGO & JAKARTA, Indonesia -- Axesstel, Inc. (AMEX: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 CDMA2000 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 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 and an FM radio for news and music. The P830 is designed to appeal to users looking for 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 to enable quick and easy text messaging. 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 Tbk - Terbuka (stock symbol, Indonesia)
TBK - Toolbook (File Name Extension)
 

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 - Don't Knock It Jakarta, West Java 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 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" 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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 23, 2006
Words:877
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