**Exhibit 3.2**

 

**BYLAWS OF AXESSTEL, INC.**

A NevadaCorporation 

 

**ARTICLE I**

 

Stockholders 

 

Section 1. Annual Meeting. Annual meetings of the stockholders, commencing with the year 1996, shall be held on the1st day of October each year if not a legal holiday and, if a legal holiday, then on the next secular day following or at such other time as may be set by the Board of Directors from time to time, at which the stockholders shall elect by vote aBoard of Directors and transact such other business as may properly be brought before the meeting. 

 

Section 2. Special Meetings. Special meetings of the stockholders, for any purpose or purposes, unless otherwise prescribed by statute or by theArticles of Incorporation, may be called by the President or the Secretary by resolution of the Board of Directors or at the request in writing of stockholders owning a majority in amount of the entire capital stock of the corporation issued andoutstanding and entitled to vote. Such request shall state the purpose of the proposed meeting. 

 

Section 3. Place of Meetings. All annual meetings of the stockholders shall be held at the registered office of the corporation or at such otherplace within or without the State of Nevada as the directors shall determine. Special meetings of the stockholders may be held at such time and place within or without the State of Nevada as shall be stated in the notice of the meeting, or in a dulyexecuted waiver of notice thereof. Business transacted at any special meeting of stockholders shall be limited to the purposes stated in the notice. 

 

Section 4. Quorum: Adjourned Meetings. The holders of a majority of the stock issued and outstanding and entitled to vote thereat, present inperson or represented by proxy, shall constitute a quorum at all meetings of the stockholders for the transaction of business except as otherwise provided by statute or by the Articles of Incorporation. If, however, such quorum shall not be presentor represented at any meeting of the stockholders, the stockholders entitled to vote thereat, present in person or represented by proxy, shall have the power to adjourn the meeting from time to time, without notice other than announcement at themeeting until a quorum shall be present or represented. At such adjourned meeting at which a quorum shall be present or represented, any business may be transacted which might have been transacted at the meeting as originally notified. 

 

Section 5. Voting. Each stockholder of record of the corporationholding stock which is entitled to vote at this meeting shall be entitled at each meeting of stockholders to one vote for each share of stock standing in his name on the books of the corporation. Upon the demand of any stockholder, the vote fordirectors and the vote upon any question before the meeting shall be by ballot. 

 

When a quorum is present or represented at any meeting, the vote of the holders of a majority of the stock having voting power present in person or represented by proxy shall be sufficient to elect directors or todecide any question brought before such meeting unless the question is one upon which by express provision of the statutes or of the Articles 

 

of Incorporation, a different vote is required in which case such express provision shall govern and control the decision of such question. 

 

Section 6. Proxies. At any meeting of the stockholders any stockholdermay be represented and vote by a proxy or proxies appointed by an instrument in writing. In the event that any such instrument in writing shall designate two or more persons to act as proxies, a majority of such persons present at the meeting or, ifonly one shall be present, then that one shall have and may exercise all of the powers conferred by such written instrument upon all of the persons so designated unless the instrument shall otherwise provide. No proxy or power of attorney to voteshall be used to vote at a meeting of the stockholders unless it shall have been filed with the secretary of the meeting. All questions regarding the qualification of voters, the validity of proxies and the acceptance or rejection of votes shall bedecided by the inspectors of election who shall be appointed by the Board of Directors, or if not so appointed, then by the presiding officer of the meeting. 

 

Section 7. Action Without Meeting. Any action which may be taken by the vote of the stockholders at a meeting may be taken without a meeting ifauthorized by the written consent of stockholders holding at least a majority of the voting power, unless the provisions of the statutes or of the Articles of Incorporation require a greater proportion of voting power to authorize such action inwhich case such greater proportion of written consents shall be required. 

 

**ARTICLE 11**

 

Directors

 

Section 1. Management of Corporation. The business ofthe corporation shall be managed by its Board of Directors which may exercise all such powers of the corporation and do all such lawful acts and things as are not by statute or by the Articles of Incorporation or by these Bylaws directed or requiredto be exercised or done by the stockholders. 

 

Section 2.Number, Tenure, and Qualifications. The number of directors which shall constitute the whole board shall be at least one. The number of directors may from time to time be increased or decreased to not less than one nor more than fifteen. Thedirectors shall be elected at the annual meeting of the stockholders and except as provided in Section 2 of this Article, each director elected shall hold office until his successor is elected and qualified. Directors need not be stockholders.

 

Section 3. Vacancies. Vacancies in the Board ofDirectors including those caused by an increase in the number of directors, may be filled by a majority of the renaming directors, though less than a quorum, or by a sole remaining director, and each director so elected shall hold office until hissuccessor is elected at an annual or a special meeting of the stockholders. The holders of two-thirds of the outstanding shares of stock entitled to vote may at any time peremptorily terminate the term of office of all or any of the directors byvote at a meeting called for such purpose or by a written statement filed with the secretary or, in his absence, with any other officer. Such removal shall be effective immediately, even if successors are not elected simultaneously. 

 

A vacancy or vacancies in the Board of Directors shall be deemed to exist incase of the death, resignation or removal of any directors, or if the authorized number of directors be increased, or if the stockholders fall at any annual or special meeting of stockholders at which any director or directors are elected to electthe full authorized number of directors to be voted for at that meeting. 

 

If the Board of Directors accepts the resignation of a director tendered to take effect at a future time,the Board or the stockholders shall have power to elect a successor to take office when the resignation is to become effective. 

 

No reduction of the authorized number of directors shall have the effect of removing any director prior to the expiration of his term of office.

 

Section 4. Annual and Regular Meetings. Regularmeetings of the Board of Directors shall be held at any place within or without the State which has been designated from time to time by resolution of the Board or by written consent of all members of the Board. In the absence of such designationregular meetings shall be held at the registered office of the corporation. Special meetings of the Board may be held either at a place so designated or at the registered office. 

 

Regular meetings of the Board of Directors may be held without call or notice at such time and at such place as shall fromtime to time be fixed and determined by the Board of Directors. 

 

Section 5. First Meeting. The first meeting of each newly elected Board of Directors shall be held immediately following the adjournment of the meeting of stockholders and at the place thereof. No notice of such meeting shall benecessary to the directors in order legally to constitute the meeting provided a quorum be present. In the event such meeting is not so held, the meeting may be held at such time and place as shall be specified in a notice given as hereinafterprovided for special meetings of the Board of Directors. 

 

Section 6. Special Meetings. Special meetings of the Board of Directors may be called by the Chairman or the President or by any Vice-President or by any two directors. 

 

Written notice of the time and place of special meetings shall be delivered personally to each director, or sent to eachdirector by mail or by other form of written communication, charges prepaid, addressed to him at his address as it is shown upon the records or if such address is not readily ascertainable, at the place in which the meetings of the directors areregularly held. In case such notice is mailed or telegraphed, it shall be deposited in the United States mail or delivered to the telegraph company at least three (3) days prior to the time of the holding of the meeting. In case such notice is handdelivered as above provided, it shall be so delivered at least twenty-four (24) hours prior to the time of the holding of the meeting. Such mailing, telegraphing or delivery as above provided shall be due, legal and personal notice to such director.

 

Section 7. Business of Meetings. The transactions ofany meeting of the Board of Directors, however called and noticed or wherever held, shall be as valid as though had at a meeting duly held after regular call and notice, if a quorum be present, and if, either before or after the meeting each of thedirectors not present signs a written waiver of notice, or a consent to holding such meeting or an approval of the minutes thereof. All such waivers, consents or approvals shall be filed with the corporate records or made a part of the minutes ofthe meeting. 

 

Section 8. Quorum, Adjourned Meetings. Amajority of the authorized number of directors shall be necessary to constitute a quorum for the transaction of business, except to adjourn as hereinafter provided. Every act or decision done or made by a majority of the directors present at ameeting duly held at which a quorum is present shall be regarded as the act of the Board of Directors, unless a greater number be required by law or by the Articles of Incorporation. Any action of a majority, although not at a regularly calledmeeting and the record thereof, if assented to in writing by all of the other members of the Board shall be as valid and effective in all respects as if passed by the Board in regular meeting. 

 

A quorum of the directors may adjourn any directors meeting to meet again ata stated day and hour; provided, 

 

however, that in the absence of a quorum, a majority of the directors present at any directors meeting, either regular or special, may adjourn from time totime until the time fixed for the next regular meeting of the Board. 

 

Notice of the time and place of holding an adjourned meeting need not be given to the absent directors if the time and place be fixed at the meeting adjourned. 

 

Section 9. Committees. The Board of Directors may, by resolution adopted by a majority of the whole Board, designateone or more committees of the Board of Directors, each committee to consist of at least one or more of the directors of the corporation which, to the extent provided in the resolution, shall have and may exercise the power of the Board of Directorsin the management of the business and affairs of the corporation and may have power to authorize the seal of the corporation to be affixed to all papers which may require it. Such committee or committees shall have such name or names as may bedetermined from time to time by the Board of Directors. The members of any such committee present at any meeting and not disqualified from voting may, whether or not they constitute a quorum, unanimously appoint another member of the Board ofDirectors to act at the meeting in the place of any absent or disqualified member. At meetings of such committees, a majority of the members or alternate members shall constitute a quorum for the transaction of business, and the act of a majority ofthe members or alternate members at any meeting at which there is a quorum shall be the act of the committee. 

 

The committees shall keep regular minutes of their proceedings and report the same to the Board of Directors. 

 

Section 10. Action Without Meeting. Any action requited or permittedto be taken at any meeting of the Board of Directors or of any committee thereof may be taken without a meeting if a written consent thereto is signed by all members of the Board of Directors or of such committee, as the case may be, and suchwritten consent is filed with the minutes of proceedings of the Board or committee. 

 

Section 11. Special Compensation. The directors be paid their expenses attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directorsor a stated salary as director. No such payment shall preclude any director from serving the corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like reimbursement andcompensation for attending committee meetings. 

 

**ARTICLE III**

 

Notices 

 

Section 1. Notice of Meetings. Notices of meetings shall be in writingand signed by the President or a Vice-President or the Secretary or an Assistant Secretary or by such other person or persons as the directors shall designate. Such notice shall state the purpose or purposes for which the meeting is called and thetime and the place, which may be within or without this State, where it is to be held. A copy of such notice shall be either delivered personally to or shall be mailed, postage prepaid, to each stockholder of record entitled to vote at such meetingnot less than ten (10) nor more than sixty (60) days before such meeting. If mailed, it shall be directed to a stockholder at his address as it appears upon the records of the corporation and upon such mailing of any such notice, the service thereofshall be complete and the time of the notice shall begin to run from the date upon which such notice is deposited in the mail for transmission to such stockholder. Personal delivery of any such notice to any officer of a corporation or association,or to any member of a partnership shall constitute delivery of such notice to such corporation, association or partnership. In the event of the 

 

transfer of stock after delivery of such notice of and prior to the holding of the meeting it shall not be necessary to deliver or mail notice of the meetingto the transferee. 

 

Section 2. Effect of Irregularly CalledMeetings. Whenever all parties entitled to vote at any meeting, whether of directors or stockholders, consent, either by a writing on the records of the meeting or filed with the secretary, or by presence at such meeting and oral consent enteredon the minutes, or by taking part in the deliberations at such meeting without objection, the doings of such meeting shall be as valid as if had at a meeting regularly called and noticed, and at such meeting any business may be transacted which isnot excepted from the written consent or to the consideration of which no objection for want of notice is made at the time, and if any meeting be irregular for want of notice or of such consent, provided a quorum was present at such meeting, theproceedings of said meeting may be ratified and approved and rendered likewise valid and the irregularity or defect therein waived by a writing signed by all parties having the right to vote at such meeting and such consent or approval ofstockholders may be by proxy or attorney, but all such proxies and powers of attorney must be in writing. 

 

Section 3. Waiver of Notice. Whenever any notice whatever is required to be given under the provisions of the statutes, of the Articles ofIncorporation or of these Bylaws, a waiver thereof in writing signed by the person or persons entitled to said notice, whether before or after the time stated therein, shall be deemed equivalent thereto. 

 

**ARTICLE IV**

 

Officers 

 

Section 1. Section. The officers of the corporation shall be chosen by the Board of Directors and shall be aPresident, a Secretary and a Treasurer, none of whom need be directors. Any person may hold two or more offices. The Board of Directors may appoint a Chairman of the Board, Vice-Chairman of the Board, one or more vice presidents, assistanttreasurers and assistant secretaries. 

 

Section 2. Chairmanof the Board. The Chairman of the Board shall preside at meetings of the stockholders and the Board of Directors, and shall see that all orders and resolutions of the Board of Directors are carried into effect. 

 

Section 3. Vice-Chairman of the Board. The Vice-Chairman shall, in theabsence or disability of the Chairman of the Board, perform the duties and exercise the powers of the Chairman of the Board and shall perform such other duties as the Board of Directors may from time to time prescribe. 

 

Section 4. President. The President shall be the chief executiveofficer of the corporation and shall have active management of the business of the corporation. He shall execute on behalf of the corporation all Instruments requiring such execution except to the extent the signing and execution thereof shall beexpressly designated by the Board of Directors to some other officer or agent of the corporation. In the absence of the President the Vice President will assume all of the President’s responsibilities. 

 

Section 5. Vice-President. The Vice-President shall act under thedirection of the President and in the absence or disability of the President shall perform the duties and exercise the powers of the President. They shall perform such other duties and have such other powers as the President or the Board ofDirectors may from time to time prescribe. The Board of Directors may designate one or more Executive Vice-Presidents or may otherwise specify the order of seniority of the Vice-Presidents. The duties and powers of the President shall descend to theVice-Presidents in such specified order of seniority. 

 

Section 6. Secretary. The Secretary shall act under the direction of the President. Subject to thedirection of the President he shall attend all meetings of the Board of Directors and all meetings of the stockholders and record the proceedings. He shall perform like duties for the standing committees when required. He shall give, or cause to begiven, notice of all meeting of the stockholders and special meetings of the Board of Directors, and shall perform such other duties as may be prescribed by the President or the Board of Directors. In the absence of the Secretary the Vice Presidentwill assume all of the Secretary’s responsibilities. 

 

Section 7. Assistant Secretaries. The Assistant Secretaries shall act under the direction of the President. In order of their seniority, unless otherwise determined by the President or the Board of Directors, they shall, in theabsence or disability of the Secretary, perform the duties and exercise the powers of the Secretary. They shall perform such other duties and have such other powers as the President or the Board of Directors may from time to time prescribe.

 

Section 8. Treasurer. The Treasurer shall act under thedirection of the President. Subject to the direction of the President he shall have custody of the corporate funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the corporation and shalldeposit all monies and other valuable effects in the name and to the credit of the corporation in such depositories as may be designated by the Board of Directors. He shall disburse the funds the corporation as may be ordered by the President or theBoard of Directors, taking proper vouchers for such disbursements, and shall render to the President and the Board of Directors, at its regular meetings, or when the Board of Directors so requires, an account of all his transactions as Treasurer andof the financial condition of the corporation. In the absence of the Treasurer the Vice President will assume all of the Treasurer’s responsibilities. 

 

If required by the Board of Directors, he shall give the corporation a bond in such sum and with such surety or sureties as shall be satisfactory to theBoard of Directors for the faithful performance of the duties of his office and for the restoration to the corporation, in case of his death, resignation, retirement or removal from office, of all books, papers, vouchers, money and other property ofwhatever kind in his possession or under his control belonging to the corporation. 

 

Section 9. Assistant Treasurers. The Assistant Treasurers in the order of their seniority, unless otherwise determined by the President or the Board of Directors, shall, in the absence or disability of theTreasurer, perform the duties and exercise the powers of the Treasurer. They shall perform such other duties and have such other powers as the President or the Board of Directors may from time to time prescribe. 

 

Section 10. Compensation. The salaries and compensation of allofficers of the corporation shall be fixed by the Board of Directors. 

 

Section 11. Removal Resignation. The officers of the corporation shall hold office at the pleasure of the Board of Directors. Any officer elected or appointed by the Board of Directors may be removed at any time by the Board ofDirectors. Any vacancy occurring in any office of the corporation by death, resignation, removal or otherwise shall be filled by the Board of Directors. 

 

**ARTICLE V**

 

Capital Stock 

 

Section 1. Certificates. Every stockholder shall be entitled to have a certificate signed by the President or a Vice- 

 

President and the Treasurer or an Assistant Treasurer, or the Secretary or an Assistant Secretary of the corporation, certifying the number of shares ownedby him in the corporation. If the corporation shall be authorized to issue more than one class of stock or more than one series of any class, the designations, preferences and relative, participating, optional or other special rights of the variousclasses of stock or series thereof and the qualifications, limitations or restrictions of such rights, shall be set forth in full or summarized on the face or back of the certificate, which the corporation shall issue to represent such stock.

 

If a certificate is signed (1) by a transfer agent other thanthe corporation or its employees or (2) by a registrar other than the corporation or its employees, the signatures of the officers of the corporation may be facsimiles. In case any officer who has signed or whose facsimile signature has been placedupon a certificate shall cease to be such officer before such certificate is issued, such certificate may be issued with the same effect as though the person had not ceased to be such officer. The seal of the corporation, or a facsimile thereof,may, but need not be, affixed to certificates of stock. 

 

Section 2. Surrendered; Lost or Destroyed Certificates. The Board of Directors may direct a new certificate or certificates to be issued in place of any certificate or certificates theretofore issued by the corporation alleged tohave been lost or destroyed upon the making of an affidavit of that fact by the person claiming the certificate of stock to be lost or destroyed. When authorizing such issue of a new certificate or certificates, the Board of Directors may, in itsdiscretion and as a condition precedent to the issuance thereof, require the owner of such lost or destroyed certificate or certificates, or his legal representative, to advertise the same in such manner as it shall require and/or give thecorporation a bond in such sum as it may direct as indemnity against any claim that may be made against the corporation with respect to the certificate alleged to have been lost or destroyed. 

 

Section 3. Replacement Certificates. Upon surrender to the corporationor the transfer agent of the corporation of a certificate for shares duly endorsed or accompanied by proper evidence of succession, assignment or authority to transfer, it shall be the duty of the corporation, if it is satisfied that all provisionsof the laws and relations applicable to the corporation regarding transfer and ownership of shares have been complied with, to issue a new certificate to the person entitled thereto, cancel the old certificate and record the transaction upon itsbooks. 

 

Section 4. Record Date. The Board of Directorsmay fix in advance a date not exceeding sixty (60) days nor less than ten (10) days preceding the date of any meeting of stockholders, or the date for the payment of any distribution, or the date for the allotment of rights, or the date when anychange or conversion a exchange of capital stock shall go into effect, or a date in connection with obtaining the consent of stockholders for any purpose, as a record date for the determination of the stockholders entitled to notice of and to voteat any such meeting, and any adjournment thereof, or entitled to receive payment of any such distribution, or to give such consent, and in such case, such stockholders, and only such stockholders as shall be stockholders of record on the date sofixed, shall be entitled to notice of and to vote at such meeting, or any adjournment thereof, or to receive payment of such distribution, or to receive such allotment of rights, or to exercise such rights, or to give such consent, as the case maybe, notwithstanding any transfer of any stock on the books of the corporation after any such record date fixed as aforesaid. 

 

Section 5. Registered Owner. The corporation shall be entitled to recognize the person registered on its books as the owner of shares to be theexclusive owner for all purposes including voting and distribution, and the corporation shall not be bound to recognize any equitable or other claim to or interest in such share or shares on the part of any other person, whether or not it shall haveexpress or other notice thereof, except as otherwise provided by the laws of Nevada. 

 

**ARTICLE VI**

 

General Provisions 

 

Section 1. Registered Office. The registered office of this corporation shall be in the State of Nevada. 

 

The corporation may also have offices at such other places both within andwithout the State of Nevada as the Board of Directors may from time to time determine or the business of the corporation may require. 

 

Section 2. Distributions. Distributions upon the capital stock of the corporation, subject to the provisions of the Articles of Incorporation, ifany, may be declared by the Board of Directors at any regular or special meeting, pursuant to law. Distributions may be paid in cash, in property or in shares of the capital stock, subject to the provisions of the Articles of Incorporation.

 

Section 3. Reserves. Before payment of anydistribution, there may be set aside out of any funds of the corporation available for distributions such sum or sums as the directors from time to time, in their absolute discretion, think proper as a reserve or reserves to meet contingencies, orfor equalizing distributions or for repairing or maintaining any property of the corporation or for such other purpose as the directors shall think conducive to the interest of the corporation, and the directors may modify or abolish any suchreserve in the manner in which it was created. 

 

Section 4.Checks; Notes. All checks or demands for money and notes of the corporation shall be signed by such officer or officers or such other person or persons as the Board of Directors may from time to time designate. 

 

Section 5. Fiscal Year. The fiscal year of the corporation shall befixed by resolution of the Board of Directors. 

 

Section 6.Corporate Seal. The corporation may or may not have a corporate seal, as may from time to time be determined by resolution of the Board of Directors. If a corporate seal is adopted, it shall have inscribed thereon the name of the corporationand the words “Corporate Seal” and “Nevada”. The seal may be used by causing it or a facsimile thereof to be impressed or affixed or in any manner reproduced. 

 

**ARTICLE VII**

 

Indemnification 

 

Section 1. Indemnification of Officers and Directors, Employees and Other Persons. Every person who was or is a party or is threatened to be made aparty to or is involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that he or a person of whom he is the legal representative is or was a director or officer of the corporationor is or was serving at the request of the corporation or for its benefit as a director or officer of another corporation, or as its representative in a partnership, Joint venture, trust or other enterprise, shall be indemnified and held harmless tothe fullest extent legally permissible under the general corporation law of the State of Nevada from time to time against all expenses, liability and loss (including attorneys’ fees, judgments, fines and amounts paid or to be paid “insettlement) reasonably incurred or suffered by him in connection therewith. The expenses of officers and directors incurred in defending a civil or criminal action, suit or proceeding must be paid by the corporation as they are incurred and inadvance of the final disposition of the action, suit or proceeding upon receipt of an undertaking by or on behalf of the director or officer to repay the amount if it is ultimately determined by a court of competent jurisdiction that he is notentitled to be indemnified by the corporation. Such right of indemnification shall be a contract right which may be enforced in any manner desired by such person. Such right of indemnification shall not be exclusive of any other right which suchdirectors, officers or representatives may have or hereafter acquire and, without limiting the generality of 

 

such statement, they shall be entitled to their respective rights of indemnification under any bylaw, agreement, vote of stockholders, provision of law orotherwise, as well as their rights under this Article. 

 

Section2. Insurance. The Board of Directors may cause the corporation to purchase and maintain insurance on behalf of any person who is or was a director or officer of the corporation, or is or was serving at the request of the corporation as adirector or officer of another corporation, or as its representative in a partnership, joint venture, trust or other enterprise against any liability asserted against such person and incurred in any such capacity or arising out of such status,whether or not the corporation would have the power to indemnify such person. 

 

Section 3. Further Bylaws. The Board of Directors may from time to time adopt further Bylaws with respect to indemnification and may amend these and such Bylaws to provide at all times the fullestindemnification permitted by the General Corporation Law of the State of Nevada. 

 

**ARTICLE VIII**

 

Amendments

 

Section 1. Amendments by Stockholders. The Bylaws maybe amended by a majority vote of all the stock issued and outstanding and entitled to vote for the election of directors of the stockholders, provided notice of intention to amend shall have been contained in the notice of the meeting. 

 

Section 2. Amendments by Board of Directors. The Board of Directorsby a majority vote of the whole Board at any meeting may amend these Bylaws, including Bylaws adopted by the stockholders, but the stockholders may from time to time specify particular provisions of the Bylaws which shall not be amended by the Boardof Directors. 

 

APPROVED AND ADOPTED March 14, 1996 (originally)and amended July 1, 1999 and September 15, 2002. 

 
SECRETARY  
 

CERTIFICATE OF SECRETARY

 

I hereby certify that I am the Secretary of AXESSTEL, INC. and that the foregoing Bylaws, consisting of 13 pages, constitutethe code of Bylaws of the Company as duly adopted at a regular meeting of the Board of Directors of the corporation held March 14, 1996 and Amended September 15, 2003. 

 

In witness whereof, I have hereunto subscribed my name September 15, 2002. 

 
Secretary