The Jakarta Post reports that Indonesia’s second largest telecoms group, Indosat, is hoping to raise up to IDR2.5 trillion (USD267.5 million) when it issues new bonds at the end of June. The monies will be used to finance network licensing fees and an expansion plan, says Iman Rachman, one of the lead underwriters for the bond offering
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OVETEL Indosat to raise USD267.5m for financing, network expansion
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