Gemini Communication Ltd acquires Rosy Blue Wireless, Africa

        Gemini Communication Ltd, one of the fastest growing communication companies, acquires 100% stake in Rosy Blue Wireless Africa (RBW) , a Telecommunication and Internet Service Provider in Africa. RBW is strongly positioned to deliver 4th Generation Wireless Network infrastructure to countries in Africa. The company uses WiMAX for Last Mile Access.

        RBW holds 60% stake in JV companies in Zambia, Malawi and in Mozambique. The balance stake in the JV companies in each of these regions is held by local partners who have a good understanding of the local market. The JV companies are called Morse Communications. RBW, through each of its JV companies, has already been allotted WiMAX spectrum Licenses with channel space of 30 MHz slot. The WiMAX spectrum licenses have been secured in all the above three countries.

        RBW, having the advantage of WiMAX spectrum, can leverage on the vast untapped market that exists in Africa in providing mobile Broadband connectivity. Gemini Communication Ltd. views this as a huge opportunity and looks forward to take its other areas of business into this geography.

        “This acquisition is an exciting step in our growth strategy and offers tremendous growth potential. We have close association with Rosy Blue and we look forward to develop similar collaborations with them in the African territories in future also”, quoted Mr. Sree Krishna.B, Managing Director of Gemini Communication Ltd.

        Gemini Communication Ltd. has already proven itself as a leading player in the WiMAX space along with its 100% owned subsidiary company – Pointred Telecom. With this acquisition, Gemini will be expanding its lines of businesses into newer verticals as well.

        The entire WiMAX network rollouts will happen using Pointred Telecom’s WiMAX products. PointRed Telecom will tremendously benefit due to equipment orders being placed on them.

Gemini has always entered into niche and proven technologies and become market leaders in that space. This acquisition proves its technology expertise in wireless space, besides its aggressive global expansion and inorganic growth plans.

        In India, WiMAX spectrum, which falls under BWA category is only now going to be auctioned. Major telecom players in India have already positioned themselves well for these auctions. The Base Price set for these BWA auctions is set at Rs. 1750 Crores for PAN India license.

        Gemini communication Ltd. is a 15 year old Network Integration and telecom company. Its subsidiaries include Pointred Telecom, Sanat Technologies, Gemini Traze RFID and Veeras infotek. Gemini is listed in BSE & NSE stock exchanges respectively.