Malaya Business Insight
Cirtek Holdings Philippines Corp. said its unit Quintel USA Inc. has signed a master purchase agreement with a top-five wireless carrier company in North America that is set to launch a full commercial services on fresh spectrum for 5G services next year.
The company said Quintel will now launch “a new platform of small cell antenna products designed and tailored specifically to its new customer’s next generation network which is to be built around existing frequencies as well as overlaying newly assigned 5G spectrum.
Cirtek said the new antenna will be a “compact, feature-rich form factor with 4G and 3G backwards compatibility.”
“The operator is projecting annual spend to end close to a billion dollars this year alone, up by 27 percent from its capital expenditures in 2019 while the overall US wireless carriers are projected to grow spend by 11 percent to $35 billion in 2021,” Cirtek said.
“Among the portfolio being launched, is our flagship 14-port small cell canister solution specifically optimized for exploiting radios with 4T4R configurations at low-band frequencies to maximize radio channel spectral capacity in dispersive radio channels,” it added.
Michael Liu, Quintel president, said Quintel’s 14-port canister covers all low-band spectrum (600, 700 and 850MHz) and mid-band spectrum (1.6-2.6GHz, 5GHz) in North America (US, Canada, Mexico) and is “future-proofed in supporting the new 3GPP Band n77 for C-Band spectrum and encompassing CBRS (3.3-4.2GHz).”
Liu said such feature is “vital for delivering bulk of what will be 5G services in sub 6GHz spectrum critical of the deployment, a feature first and yet unseen in the market.”
Oct 28, 2021
Published by Business World Online
THE Securities and Exchange Commission (SEC) has given Cirtek Holdings Philippines Corp. the go signal to offer as much as P3.5 billion of preferred shares to the public.
“In its meeting on October 26, the Commission En Banc resolved to render effective the registration statement of Cirtek covering 50 million preferred B-2 Subseries C and D shares at an offer price of P50 per preferred share, with an oversubscription option of up to 20 million preferred shares,” the commission said in an e-mailed statement on Wednesday.
According to the latest timetable submi...
Read moreMar 13, 2022
Published by Manila Standard
Cirtek Holdings Philippines Corp. said two of its subsidiaries secured ISO certifications.
CHP said in a disclosure to the stock exchange 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,” CHP said
CHP said passing and securing an ISO 14000 standard provides assurance that a company has effectively established and maintains adequate environmental standards and manageme...
Read moreDec 03, 2021
Published by The Manila Times
LISTED Cirtek Holdings Philippines Corp. on Thursday said it received its permit to sell and order of registration of securities from the Securities and Exchange Commission for its preferred shares offering.
In a disclosure to the exchange, the company said it is set to offer up to 50 million cumulative, non-participating, non-voting, non-convertible perpetual and redeemable peso-denominated Preferred Class B-2 Shares with a par value of P1 each priced at P50 apiece.
The shares will be issued as Preferred Class B-2 Subseries C or D Shares.
Cirtek expects to raise ...
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