Chennai-based Gemini Communications officially announced bagging a mobile WIMAX contract worth Rs 435 crore from PSU, BSNL. PoinRed is partnering Gemini for this contract.

Others in the race included Alvarion, Harris Stratex, Huawei, Samsung and ZTE. Lowest four bidders will each bag a part of the contract. Gemini’s share in the contract is 40%.