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Axesstel to Supply Worldcall With Public Call Office Phones for Nationwide Expansion of Fixed Wireless Network in Pakistan

Posted on: Wednesday, 15 March 2006, 09:00 CST

Axesstel, Inc. (AMEX:AFT), a leader in the design and development of fixed wireless voice and broadband data products, today announced it will supply Worldcall Telecom Limited with its new L1900 Public Call Office (PCO) Fixed Wireless Desktop Phone to support Worldcall's nationwide fixed wireless network expansion in Pakistan. Axesstel is scheduled to begin shipments of the L1900 PCO phones this month.

Worldcall strives to increase the currently low telecom penetration rate in Pakistan by expanding its fixed wireless network nationwide. Worldcall has wireless local loop (WLL) licenses in all 14 telecom regions in Pakistan and plans to launch the Axesstel L1900 PCO Fixed Wireless Phone in conjunction with its nationwide fixed wireless network expansion to provide cost-effective voice services to consumers and businesses in urban, semi-urban and rural areas. The L1900 and monthly service will be offered to merchants on a pre-paid basis.

"We continue to expand our fixed wireless network nationwide to meet the needs of a largely untapped market of consumers and businesses without access to quality, affordable voice services," said Babar Ali Syed, executive director for Worldcall Telecom. "Axesstel's innovative L1900 PCO phone provides us with a low-risk, low-cost solution for providing public phone services to customers in areas not serviced by landline networks and enables us to reach the most in-need communities with a low capital investment."

The Axesstel L1900 PCO allows merchants to provide customers with basic voice calling services. Integrated with a propriety payphone application, the L1900 PCO displays the number of calling units used during a call. The caller then pays the merchant for the cost of the call.

"We look forward to supporting Worldcall with its nationwide fixed wireless network expansion and are pleased that our L1900 PCO provides a solution to broaden its product offerings and grow market share," said Mike Kwon, chairman and chief executive officer for Axesstel. "Our global customer base continues to grow and adding Worldcall allows us to increase our market penetration in Pakistan."

The Axesstel L1900 PCO provides plug and play voice calling with enhanced features including short messaging service (SMS), call waiting, call forwarding, caller id, and three-way calling.

ABOUT WORLDCALL TELECOM LIMITED

Worldcall offers broadband cable, dial-up Internet service, smart card based payphone service, pre-paid calling cards, long distance and international calling services, fixed wireless voice and data services, and information and entertainment services through a comprehensive portal. Worldcall has a national distribution network across 220 cities and 52 regional offices encompassing an extensive network of 58,000 points-of-sale locations throughout Pakistan. For more information, visit www.worldcall.com.pk.

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 and broadband modems for access to voice calling and high-speed data services. Axesstel 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 and manufacturing facilities 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.

Source: Business Wire

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