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Axesstel to Supply Tele Barta with Fixed Wireless Phones to Enable Greater Access to Voice and Data Service28 July 2005
Axesstel, Inc., a leader in the design and development of fixed wireless voice and broadband data products, today announced it will supply Tele Barta Limited with the AXW-P1900 Fixed Wireless Phone to enable greater access to voice and data services in Bangladesh. Axesstel will begin shipments of the P1900 phones this month.
Tele Barta currently offers a complete range of telecommunications services under the Jubok Phone brand and recently secured a license to operate a fixed wireless telephone network in four newly established telecommunications zones in Bangladesh. In September 2005, Tele Barta plans to launch its CDMA2000 1X fixed wireless network with Axesstel's P1900 phone to make quality, affordable voice calling and high speed data services available to individuals, businesses, hospitals, government and public sector organizations.
"Tele Barta is well positioned to continue our countrywide growth by adding fixed wireless to our wide range of telecommunications services for consumers and enterprises throughout Bangladesh," said Abu M. Sayeed, corporate director of Tele Barta. "Axesstel has a reputation of providing quality fixed wireless solutions, and we look forward to building a strong partnership with them for our mutual success and growth."
"We congratulate Tele Barta on being awarded four new licenses for the development of their new CDMA2000 1X fixed wireless network and look forward to supporting their commercial launch," said Mike Kwon, chairman and CEO of Axesstel. "Our high quality, cost-effective fixed wireless products will assist Tele Barta in delivering affordable nationwide voice and data services to the people of Bangladesh and allow us to expand our addressable market to serve this important region."
Axesstel's AXW-P1900 provides plug and play voice calling with enhanced features including short messaging service (SMS), call waiting, call forwarding, three-way calling and access to data at speeds up to 153.6 kbps through a USB connection.
ABOUT TELE BARTA LIMITED
Tele Barta Limited has a vision to be the communications company of choice focused on delivering exceptional value to its customers and other stakeholders. Tele Barta, under the brand name Jubok Phone, offers a complete range of telecommunications solutions including national and international long distance, data, fax and value added services and applications. For more information, visit www.jubokphone.com
ABOUT AXESSTEL, INC.
Axesstel 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, payphones, voice/data terminals and broadband modems for access to voice calling and high-speed data services. Axesstel delivers innovative fixed wireless solutions, currently based on 3G Code Division Multiple Access (CDMA) technology, to leading telecommunications operators and distributors worldwide. Headquartered in San Diego, California, with a research and development center in Seoul, South Korea, Axesstel is listed on AMEX: AFT. For more information on Axesstel visit www.axesstel.com.
(C) 2005 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 product sales and deliveries to Tele Barta 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 the unforeseen manufacturing difficulties, unanticipated component shortages, the risks of primary dependence on one large customer 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; potential intellectual property-related litigation; Axesstel's need to attract and retain skilled personnel; and Axesstel's primary reliance on its sole manufacturer.
Source: BUSINESS WIRE
All trademarks and copyrighted information contained herein are the property of their respective owners.
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