Magnet Networks

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Magnet Networks is an Irish company providing telephone, television and broadband internet via subscription over an optical fiber-HFC cable network.[citation needed]

Magnet Networks was launched in Dublin in 2004,[1] and is wholly owned by the US-based international investment company Columbia Ventures Corporation (CVC).[2] As of 2020, Magnet Networks reportedly had approximately 100 staff.[2]

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

Magnet Business, partnered with Industria, provides DSL internet access and VoIP telephony to businesses.[citation needed] As of 2016, Magnet Business was reportedly the "third-largest business telecoms provider" in Ireland.[1]

Magnet Network's competitors in Ireland include Virgin Media Ireland, Sky Ireland and eir.[3][4]

As of February 2020, Magnet's "interim managing director" was Dave Brewer (of parent organisation CVC).[5]

References[edit]

  1. ^ a b "Magnet Networks reports €4m loss in 'tough' telecoms market". irishtimes.com. Irish Times. 6 October 2016. Retrieved 8 June 2020.
  2. ^ a b "Magnet Networks - About". magnetnetworks.com. Archived from the original on 8 June 2020.
  3. ^ "So what should you consider when switching broadband plans?". thejournal.ie. Journal Media Ltd. 28 May 2016. Retrieved 8 June 2020.
  4. ^ "Virgin complaint over Magnet advert fails". independent.ie. Independent News & Media. 27 October 2019. Retrieved 8 June 2020.
  5. ^ "Brewer steps down as Magnet Networks MD". independent.ie. Independent News & Media. Retrieved 19 February 2020.

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