ComTel Corporation Limited (ASX:CMO) Entitlement Issue Complete

  Sydney, Australia, Dec 16, 2008 - (ABN Newswire) - The Board of ComTel Corporation Limited (ASX:CMO)(PINK:CMMEF) is pleased to advise that the Company has paid & #36;7.9 million due under the Empowered Communications acquisition agreements. This payment was funded from the net proceeds of the A & #36;9.1 million rights issue which was successfully completed on 12 December 2008. In addition, the A & #36;0.9 million balance of the & #36;1.  

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