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.
[3] Magnet Entertainment, the home services division of Magnet Networks, provides digital telephony, digital television, video on demand, and broadband internet products.
[2] As of February 2020, Magnet's "interim managing director" was Dave Brewer (of then parent organisation CVC).