Magnet Networks
Magnet Networks, trading as Magnet Plus,[1] is an Irish company providing telephone and broadband internet services which was launched in Dublin in 2004.[2] Originally owned by the US-based international investment company Columbia Ventures Corporation (CVC),[3] it was acquired in December 2020 by the "Irish investment vehicle" Speed Fibre Group.[4][5] Speed Fibre Group, itself a subsidiary of the Irish Infrastructure Fund,[4] also owned AirSpeed Telecom and, in 2021, these two companies joined to operate under a combined "Magnet Plus" brand.[1][6] As of 2020, Magnet Networks reportedly had approximately 100 staff.[3]
Organisation
Magnet Entertainment, the home services division of Magnet Networks, provides digital telephony, digital television, video on demand, and broadband internet products.Template:Fact
Magnet Business provides DSL internet access and VoIP telephony to business customers.Template:Fact As of 2016, Magnet Business was reportedly the "third-largest business telecoms provider" in Ireland.[2]
As of February 2020, Magnet's "interim managing director" was Dave Brewer (of then parent organisation CVC).[7]
Magnet Network's competitors in Ireland include Virgin Media Ireland, Sky Ireland and eir.[8][9]
References
External links
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