Cirtek takes piece of 5G rollout in US

Sep 16, 2020

Cirtek takes piece of 5G rollout in US

Philippine Daily Inquirer

By: Doris Dumlao-Abadilla

The Silicon Valley unit of electronics manufacturer Cirtek Holdings Philippines Corp. has bagged a new deal to supply antenna solutions for the rollout of 5G telecommunication services in America.

In a disclosure to the Philippine Stock Exchange on Tuesday, Cirtek said its subsidiary Quintel USA, had signed a master purchase agreement with a telecommunications operator that ranked among the top five full-fledged wireless carriers in North America.

Having spent close to half a billion dollars in acquiring new spectrum in auctions alone, the US carrier is set to launch full commercial services on fresh spectrum for 5G services by 2021 and beyond, Cirtek said.

“Quintel is pleased to take part in building and transforming the information technology and connectivity revolution ahead as networks transition to 5G,” the company said.

Among the portfolio being launched is Quintel’s flagship 14-port small cell canister solution specifically to maximize radio channel spectral capacity.

Michael Liu, Quintel president and Cirtek Holdings Philippines Corp. executive vice president, said Quintel’s 14-port canister would cover all low-band and mid-band spectrum in North America and was “future-proofed” in supporting the spectrum vital for 5G services.

As part of providing pioneering and constantly evolving innovative antenna solutions to the market, Quintel will be launching a new platform of small cell antenna products to complement its growing multi-port base station antenna portfolio.

The portfolio is designed and tailored specifically to next generation network which will be built around existing frequencies as well as overlaying newly assigned 5G spectrum under a “compact, feature-rich form factor with 4G and 3G backwards compatibility.”

The operator signed up by Quintel is projected to spend close to a billion dollars this year alone, up by 27 percent from the previous year.

  • Apr 15, 2015

    Press Release  -  April 15, 2020

    Press Release - April 15, 2020

    Amidst the global pandemic, Cirtek Holdings Philippines Corp. through its wholly owned semiconductor arm

    Read more
  • Mar 10, 2022

    Cirtek units secure ISO certifications

    Published by Business Mirror

    Laguna-based Cirtek Holdings Philippines Corp. on Thursday said its units were able to secure its respective ISO certifications on environmental and management standards, which will allow the company to attract more European and Japanese customers.

    In its disclosure, the company said its units Cirtek Electronics Corp. and Cirtek Advanced Technology Solutions Inc. passed their ISO 14000 audits with zero non-conformance.

    “Considering the stringent requirements of an ISO 14000 certificate, the company considers this a victorious achievement,” the company said. “Passin...

    Read more
  • Aug 16, 2021

    Cirtek lists P1.37-B rights shares with bonus warrants

    Published by Manila Bulletin

    Cirtek Holdings Philippines Corporation listed at the Philippine Stock Exchange its stock rights offering (SRO) shares worth P1.37 billion as well as the bonus detachable warrants that came with them.

    The SRO consisted of 249.44 million common shares sold at an offer price of 5.50 per Entitlement Right at the ratio of 1 Entitlement Right for every 1.68 common shares to eligible shareholders of record as of 7 July 2021.

    In addition to the rights shares, Cirtek issued 249.44 million Bonus Detachable Warrants free of charge. The Exercise Price for the Bonus Detachable...

    Read more