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Wikipedia

Magnet Networks

January 01, 1970

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 edit

Magnet Entertainment, the home services division of Magnet Networks, provides digital telephony, digital television, video on demand, and broadband internet products.[citation needed]

Magnet Business provides DSL internet access and VoIP telephony to business customers.[citation needed] 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 edit

  1. ^ a b "Magnet Networks, Airspeed Telecom become Magnet+". techcentral.ie. 30 December 2021. Retrieved 15 March 2023.
  2. ^ a b "Magnet Networks reports €4m loss in 'tough' telecoms market". irishtimes.com. Irish Times. 6 October 2016. Retrieved 8 June 2020.
  3. ^ a b . magnetnetworks.com. Archived from the original on 8 June 2020.
  4. ^ a b "Speed Fibre Group closes acquisition of Magnet Networks". siliconrepublic.com. 7 December 2020. Retrieved 15 March 2023.
  5. ^ "'You have to earn people's trust for them to believe in you'". siliconrepublic.com. 25 October 2021. Retrieved 15 March 2023.
  6. ^ "About Us". magnetplus.ie. Retrieved 15 March 2023. AirSpeed and Magnet Networks [..are..] After joining forces under the Magnet Plus banner
  7. ^ "Brewer steps down as Magnet Networks MD". independent.ie. Independent News & Media. Retrieved 19 February 2020.
  8. ^ "So what should you consider when switching broadband plans?". thejournal.ie. Journal Media Ltd. 28 May 2016. Retrieved 8 June 2020.
  9. ^ "Virgin complaint over Magnet advert fails". independent.ie. Independent News & Media. 27 October 2019. Retrieved 8 June 2020.

External links edit

  • Official website

January 01, 1970
magnet, networks, trading, magnet, plus, irish, company, providing, telephone, broadband, internet, services, which, launched, dublin, 2004, originally, owned, based, international, investment, company, columbia, ventures, corporation, acquired, december, 2020. 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 editMagnet Entertainment the home services division of Magnet Networks provides digital telephony digital television video on demand and broadband internet products citation needed Magnet Business provides DSL internet access and VoIP telephony to business customers citation needed 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 edit a b Magnet Networks Airspeed Telecom become Magnet techcentral ie 30 December 2021 Retrieved 15 March 2023 a b Magnet Networks reports 4m loss in tough telecoms market irishtimes com Irish Times 6 October 2016 Retrieved 8 June 2020 a b Magnet Networks About magnetnetworks com Archived from the original on 8 June 2020 a b Speed Fibre Group closes acquisition of Magnet Networks siliconrepublic com 7 December 2020 Retrieved 15 March 2023 You have to earn people s trust for them to believe in you siliconrepublic com 25 October 2021 Retrieved 15 March 2023 About Us magnetplus ie Retrieved 15 March 2023 AirSpeed and Magnet Networks are After joining forces under the Magnet Plus banner Brewer steps down as Magnet Networks MD independent ie Independent News amp Media Retrieved 19 February 2020 So what should you consider when switching broadband plans thejournal ie Journal Media Ltd 28 May 2016 Retrieved 8 June 2020 Virgin complaint over Magnet advert fails independent ie Independent News amp Media 27 October 2019 Retrieved 8 June 2020 External links editOfficial website Retrieved from https en wikipedia org w index php title Magnet Networks amp oldid 1144755264, wikipedia, wiki, book, books, library,

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