The waiting time for receiving an unlock code for Acer phones starts from 24 minutes to 48 hours.

Unlocking instruction for Acer beTouch E120 ?

How to enter an unlock code in an Acer beTouch E120:
1. Turn on Acer beTouch E120 with an unaccepted sim card inserted (from a different network)
2. enter the unlock code provided by sim-unlock.net

Your Acer beTouch E120 is now unlocked.