Indonesia`s Mobile-8 sells $100 mln bonds to finance 2008 capex, debt

Jakarta (ANTARA News) - Indonesia's fourth largest mobile telephone operator PT Mobile-8 Telecom said Tuesday its unit Mobile-8 Finance BV has sold bonds worth 100 million US dollars.Mobile-8 president Hidadjat Tjandradadja told Thomson Financial that Mobile-8 will guarantee the bonds and will use the proceeds to finance its 2008 capex and refinance old debt. [more, antaranews]