The Philippine Star
Iris Gonzales
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.
Mar 10, 2022
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 moreJan 13, 2021
Cirtek Holdings Philippines Corp. said Wednesday it received a credit rating of PRS A (corp.)
Read moreOct 27, 2021
Published by Bilyonaryo
The Securities and Exchange Commission (SEC) has approved the plan of Jerry Liu-led Cirtek Holdings Philippines Corp. to raise up to P3.5 billion from the sale of preferred shares.
Cirtek is selling up to 70 million preferred shares at P50 per share.
Net proceeds from the offering, amounting to P3.44 billion, will be used to refinance debt, pay down maturing obligations and support capital expenditure requirements.
The offering will start on November 25 and will run until December 3, in time for the listing of the preferred shares on the Philippine Stock Exchange on Dec...
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