Company Profile: Axesstel, Inc. (AXES)

Axesstel, Inc. is a leading developer of wireless products for the global market that offer fixed users the ability to access next-generation high-speed data, voice and information services. The company is headquartered in San Diego, Calif., with a research and development center in Seoul, Korea.

The company develops and manufactures wireless local loop (WLL) terminals, WLL desktop phones, and wireless payphones that are fully capable of providing voice, data, fax, and broadband connectivity. Axesstel’s products are all based on CDMA technology, including new products that are being developed with CDMA2000 1X functionality. Today major CDMA carriers are upgrading to CDMA2000 1X providing data rates of up to 144Kbps, and in select markets, CDMA2000 1xEV-DO is delivering data rates of up to 2.4 Mbps.