:Magnet Networks
Magnet Networks, trading as Magnet Plus,{{cite web |url = https://www.techcentral.ie/magnet-networks-airspeed-telecom-become-magnet/ | website = techcentral.ie | title = Magnet Networks, Airspeed Telecom become Magnet+ | date = 30 December 2021 | accessdate = 15 March 2023 }} is an Irish company providing telephone and broadband internet services which was launched in Dublin in 2004.{{cite web|url = https://www.irishtimes.com/business/technology/magnet-networks-reports-4m-loss-in-tough-telecoms-market-1.2817234 | publisher = Irish Times | website = irishtimes.com | title = Magnet Networks reports €4m loss in 'tough' telecoms market | date = 6 October 2016 | access-date = 8 June 2020 }} Originally owned by the US-based international investment company Columbia Ventures Corporation (CVC),{{cite web|url = https://www.magnetnetworks.com/business/about/ | website = magnetnetworks.com | title = Magnet Networks - About | archive-url = https://web.archive.org/web/20200608150224/https://www.magnetnetworks.com/business/about/ | archive-date = 8 June 2020 }} it was acquired in December 2020 by the "Irish investment vehicle" Speed Fibre Group.{{cite web|url = https://www.siliconrepublic.com/comms/speed-fibre-group-magnet-networks | website = siliconrepublic.com | title = Speed Fibre Group closes acquisition of Magnet Networks | date = 7 December 2020 | accessdate = 15 March 2023 }}{{cite web|url = https://www.siliconrepublic.com/people/john-delves-magnet-plus | website = siliconrepublic.com | title = 'You have to earn people's trust for them to believe in you' | date = 25 October 2021 | accessdate = 15 March 2023 }} 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.{{cite web|url = https://www.magnetplus.ie/about-us/| website = magnetplus.ie | title = About Us | accessdate = 15 March 2023 | quote = AirSpeed and Magnet Networks [..are..] After joining forces under the Magnet Plus banner}} As of 2020, Magnet Networks reportedly had approximately 100 staff.
Organisation
Magnet Entertainment, the home services division of Magnet Networks, provides digital telephony, digital television, video on demand, and broadband internet products.{{fact|date=June 2020}}
Magnet Business provides DSL internet access and VoIP telephony to business customers.{{fact|date=June 2020}} 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).{{Cite web|url=https://www.independent.ie/business/irish/brewer-steps-down-as-magnet-networks-md-38970190.html|title=Brewer steps down as Magnet Networks MD|website=independent.ie|publisher = Independent News & Media |access-date=19 February 2020 }}
Magnet Network's competitors in Ireland include Virgin Media Ireland, Sky Ireland and eir.{{cite web|url = https://www.thejournal.ie/broadband-switching-tips-2675516-Mar2016/ | publisher = Journal Media Ltd | website = thejournal.ie | title = So what should you consider when switching broadband plans? | date = 28 May 2016 | access-date = 8 June 2020 }}{{cite web|url = https://www.independent.ie/business/media/virgin-complaint-over-magnet-advert-fails-38633641.html | publisher = Independent News & Media | website = independent.ie | title = Virgin complaint over Magnet advert fails | date = 27 October 2019 | access-date = 8 June 2020 }}
References
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External links
- {{official|https://www.magnetplus.ie/}}