The Philippine Star
MANILA, Philippines — Cirtek Holdings Philippines Corp., through its wholly owned subsidiary Quintel USA Inc., has bagged a new contract.
In a disclosure to the Philippine Stock Exchange yesterday, Cirtek said Quintel signed a master purchase agreement with a telecommunications operator wherein Quintel would provide the telco’s needs to launch full commercial services on fresh spectrum for 5G services from 2021 and beyond.
Quintel will launch a new platform of small cell antenna products to complement its growing multi-port base station antenna portfolio designed and tailored specifically to its new customer’s next generation network.
This is to 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.
Michael Liu, Quintel president and Cirtek Holdings Philippines Corp EVP said Quintel’s 14-port canister covers all low-band spectrum and mid-band spectrum in North America, vital for delivering 5G services.
Cirtek Holdings Philippines is a listed entity in the local bourse and is the holding company of three wholly-owned subsidiaries.
Quintel, meanwhile, is a Silicon Valley-based technology company that designs, develops and delivers advanced high efficiency, high performance base station antenna solutions that help mobile operators increase efficiency, enhance quality of service, slash costs and accelerate returns.
It delivers innovative, high-quality, high-reliability, optimized, multi-port antenna solutions for the North American markets.
Another subsidiary, Cirtek Electronics Corp provides full turnkey solutions from package design and development, wafer probing, wafer back grinding, assembly, test development, final testing, warehousing and drop shipment for semiconductor devices used in communications, consumer electronics, computing, medical, industrial, automotive, aerospace, military and defense applications.
Oct 27, 2021
Published by Manila Standard
The Securities and Exchange Commission said Wednesday it approved the P3.5-billion preferred shares offering of semiconductor manufacturer Cirtek Holdings Philippines Corp. Cirtek was allowed to register and offer up to 50 million preferred shares at a price of P50 apiece, with an oversubscription option for another 20 million preferred shares. The company has yet to set the dividend rate for the preferred shares. The preferred shares will be listed and traded on the main board of the Philippine Stock Exchange. Cirtek will use the net proceeds from the offering wil...Read more
Jul 14, 2021
Published By Revin Mikhael D. Ochave Business World
A UNIT of technology company Cirtek Holdings Philippines Corp. has extended a master supply agreement with two telecommunication companies in North America.
Cirtek said in a regulatory filing on Monday that the agreement between its telecom base station antenna unit Quintel USA, Inc. and two unnamed carriers provides for a business extension of another five years.
“This comes at a time following a series of new product introductions released by Quintel when fifth generation (5G) is at an inflection point,” Cirtek said.
“Quintel’s 5G products ...Read more
Jul 02, 2021
The Philippine Stock Exchange has approved Cirtek Holdings Philippines Corporation’s planned stock rights offering with bonus detachable warrants that will raise a total of P2.74 billion.Read more