Magnet Networks, trading as Magnet Plus, is an Irish company providing telephone and broadband internet services which was launched in Dublin in 2004. Originally owned by the US-based international investment company Columbia Ventures Corporation (CVC), it was acquired in December 2020 by the "Irish investment vehicle" Speed Fibre Group. Speed Fibre Group, itself a subsidiary of the Irish Infrastructure Fund, also owned AirSpeed Telecom and, in 2021, these two companies joined to operate under a combined "Magnet Plus" brand. As of 2020, Magnet Networks reportedly had approximately 100 staff.

Organisation

Magnet Entertainment, the home services division of Magnet Networks, provides

digital telephony Telephony ( ) is the field of technology involving the development, application, and deployment of telecommunications services for the purpose of electronic transmission of voice, fax, or data, between distant parties. The history of telephony is ...

digital television Digital television (DTV) is the transmission of television signals using Digital signal, digital encoding, in contrast to the earlier analog television technology which used analog signals. At the time of its development it was considered an ...

video on demand Video on demand (VOD) is a media distribution system that allows users to access videos, television shows and films Digital distribution, digitally on request. These multimedia are accessed without a traditional video playback device and a typica ...

, and

broadband internet In telecommunications, broadband or high speed is the wide- bandwidth data transmission that exploits signals at a wide spread of frequencies or several different simultaneous frequencies, and is used in fast Internet access. The transmission m ...

products. Magnet Business provides

DSL Digital subscriber line (DSL; originally digital subscriber loop) is a family of technologies that are used to transmit digital data over telephone lines. In telecommunications marketing, the term DSL is widely understood to mean asymmetric di ...

internet access and

VoIP Voice over Internet Protocol (VoIP), also known as IP telephony, is a set of technologies used primarily for voice communication sessions over Internet Protocol (IP) networks, such as the Internet. VoIP enables voice calls to be transmitted as ...

telephony to business customers. As of 2016, Magnet Business was reportedly the "third-largest business telecoms provider" in Ireland. As of February 2020, Magnet's "interim managing director" was Dave Brewer (of then parent organisation CVC). Magnet Network's competitors in Ireland include Virgin Media Ireland,

Sky Ireland Sky Ireland Limited is a subsidiary of Comcast-owned Sky UK and supplies television, internet and telephony services in Ireland. Its corporate headquarters are in Dublin which were opened by Taoiseach Enda Kenny on 18 January 2013. Sky Irelan ...

and eir.

References

External links

* {{official, https://www.magnetplus.ie/ Telecommunications companies of Ireland