Speed Fibre Group
Speed Fibre Group is an Irish telecoms infrastructure platform operating Enet (Ireland's largest open-access wholesale fibre and wireless network) and Magnet+ (enterprise connectivity) to serve carriers, ISPs, enterprises and the public sector across Ireland, owned by Cordiant Digital Infrastructure.
- Company typePrivate
- Founded2000
- HeadquartersDublin, Ireland
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Speed Fibre Group does
Speed Fibre Group is an Irish telecommunications investment platform that develops critical fibre infrastructure and delivers communications services across Ireland. It operates through two wholly owned subsidiaries: Enet, which runs Ireland's largest open-access wholesale telecoms network combining metro fibre, Metropolitan Area Networks (MANs) operated on behalf of the Irish State, dark fibre backhaul, licensed wireless and 90 regional co-location centres; and Magnet+, Ireland's largest independent business connectivity network, offering data connectivity, cloud-based voice, and managed services with one-stop access to all major Irish network operators. Following the September 2025 acquisition of BT Communications Ireland for €22 million, the group's fibre footprint expanded to nearly 10,000 km connecting 94 towns and cities and over 15,000 buildings.
The business model is primarily recurring and subscription-based. Enet sells wholesale network access (Managed Connectivity, Infrastructure Access, Direct Internet Access, white-label broadband) to more than 100 national and international carriers and service providers, monetising through capacity-based and access fees. Magnet+ serves over 4,000 enterprise and public-sector customers through a direct enterprise sales motion, with quote-based contracts for dedicated connectivity, voice and managed services. Speed Fibre Group is wholly owned by Cordiant Digital Infrastructure Limited (LON:CORD), a specialist digital infrastructure investor that acquired the platform in October 2023 for €97 million equity consideration at a €190.5 million enterprise value.
Combined annual turnover exceeds €150 million post-BT, with the platform employing over 350-400 professionals. Headquartered in Dublin (Block 8, Richview Office Park, D14 X652), the group holds ISO 14001, ISO 27001 and ISO 50001 certifications, is GDPR-compliant, and in 2025 achieved a perfect 100/100 GRESB score, ranking 1st in Europe among fibre network operators. Its competitive position rests on the State-mandated MANs concession, open-access scale across fibre and wireless, and an enterprise channel that aggregates every major Irish network through a single provider.
Speed Fibre Group firmographics
Firmographics- Name
- Speed Fibre Group
- Legal name
- Speed Fibre Group
- Website
- https://speedfibregroup.ie
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Speed Fibre Group is an Irish telecoms infrastructure platform operating Enet (Ireland's largest open-access wholesale fibre and wireless network) and Magnet+ (enterprise connectivity) to serve carriers, ISPs, enterprises and the public sector across Ireland, owned by Cordiant Digital Infrastructure.
- Ownership category
- akta.pro rank
Speed Fibre Group industry classification
Industry- Product category
- Wholesale Telecommunications Infrastructure
- NAICS
- Wired and Wireless Telecommunications Carriers (except Satellite) (51711), Wired Telecommunications Carriers (517111), Wireless Telecommunications Carriers (except Satellite) (517112)
- SIC
- Telephone Communications (No Radiotelephone) (4813)
- akta.pro primary industry
- Neutral-Host Fiber & Shared Access Network Operators (HDAIACAJ)
- akta.pro secondary industries
- Backbone & Long-Haul Transport (IP/MPLS, Optical/Wavelength) (HDABALAH), Network Backbone & Core IP Transport (Long-Haul/Metro IP) (HDAIAFAG), Carrier Ethernet & Wavelength Wholesale (E-Line/E-LAN, OTN, lambda) (HDAIAEAB), Fiber ISPs (FTTH/FTTP Retail Providers) (HDAIADAE)
Keywords
Where Speed Fibre Group is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- Ireland
- HQ region
- Europe
Offices3 records
Markets served
Speed Fibre Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Wholesale Network Services: Enet provides wholesale network access to other telecommunications carriers and service providers, enabling them to deliver connectivity services to end customers. Revenue is generated through network access fees and capacity-based pricing.
- Enterprise Connectivity Services: Magnet Plus provides dedicated connectivity, cloud-based voice solutions, and managed services to enterprise businesses across Ireland and Europe
- Managed Connectivity and Infrastructure Access: Wholesale products including Managed Connectivity, Infrastructure Access, Direct Internet Access and white label broadband services
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Speed Fibre Group product offering
Product offeringCore offering
Speed Fibre Group develops and operates Ireland's largest open-access wholesale telecoms network (Enet) and the country's largest independent enterprise connectivity network (Magnet Plus), combining nearly 10,000 km of metro fibre, dark fibre backhaul, Metropolitan Area Networks in 94 cities/towns, licensed wireless and 90 regional co-location centres. The group sells wholesale network access to 100+ carriers and ISPs, and dedicated data connectivity, cloud-based voice and managed services to 4,000+ enterprise and public-sector customers across Ireland and Europe. Following the September 2025 acquisition of BT Communications Ireland, its network footprint and customer base expanded to over 15,000 connected buildings and more than 11,000 customers.
Product overview
Speed Fibre Group is an Irish telecommunications investment platform operating through two main subsidiaries: Enet (wholesale telecoms network provider) and Magnet Plus (business connectivity network). Enet operates Ireland's largest alternative wholesale telecoms network with over 5,600 km of fibre including Metropolitan Area Networks, proprietary metro networks, dark fibre backhaul, and licensed wireless networks. Magnet Plus is Ireland's largest independent connectivity network offering data connectivity, cloud-based voice solutions, and managed services using fibre, wireless, 4G and 5G infrastructure. The company provides wholesale services including Managed Connectivity, Infrastructure Access, Direct Internet Access, and white label broadband to over 100 national and international operators serving over one million homes and businesses. Following the September 2025 acquisition of BT Communications Ireland, the company's network expanded to nearly 10,000 km of fibre connecting 94 towns and cities and over 6,000 buildings.
Differentiator
Problem solved
Functional benefit
Products and services
- Enet Wholesale Network Services Open-access wholesale telecoms network comprising metro fibre networks spanning 94 cities and towns, dark fibre backhaul, one of Ireland's largest licensed wireless networks and 90 regional co-location centres; sold to 100+ national and international wholesale and retail operators that deliver connectivity to end consumers.
- Magnet Plus Enterprise Connectivity Ireland's largest independent connectivity network providing one-stop access to all business options from every major network operator in Ireland, offering data connectivity, cloud-based voice solutions and managed services to over 4,000 enterprise customers across Ireland and Europe.
- Managed Connectivity Managed connectivity solutions for carriers and service providers, enabling them to deliver data connectivity services through Enet's open-access wholesale network infrastructure.
- Infrastructure Access Physical network infrastructure access services giving carriers entry to Enet's fibre, wireless and co-location assets for delivering connectivity to end customers.
- Direct Internet Access High-speed dedicated internet access delivered to businesses and carriers via Speed Fibre Group's fibre and wireless infrastructure.
- White Label Broadband White-label broadband solutions enabling retail service providers and ISPs to offer branded connectivity services using Enet's wholesale network infrastructure.
- Metropolitan Area Networks (MANs) Wholesale telecoms infrastructure operated by Enet on behalf of the Irish State across 94 cities and towns in regional Ireland.
- Fibre Backhaul Services Dedicated fibre backhaul connectivity services for carriers and ISPs, including a five-year agreement to deliver 10GB backhaul to 32 regional and rural Points of Presence for National Broadband Ireland's nationwide fibre-to-the-home rollout.
Quantifiable outcome
- Network expansion to nearly 10,000 km fibre and 15,000+ buildings following BT acquisition
- +2 more outcomes
Companies that use Speed Fibre Group
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles2 records
Speed Fibre Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Speed Fibre Group partnerships and signals
Strategic signalScale indicators11 records
Recent moves8 records
Expansion highlights7 records
Speed Fibre Group competitors and assessment
Company assessmentDirect peers
- euNetworks: European wholesale fibre operator with a deep fibre footprint serving carriers, ISPs, and enterprises. Closest analogue in business model to Enet's open-access wholesale network, though pan-European in scope rather than Ireland-only.
- CityFibre: UK alternative wholesale fibre platform building full-fibre infrastructure on an open-access basis for ISPs and carriers. Highly comparable to Enet's neutral-host wholesale model and infrastructure-led growth strategy.
- Zayo Group: Global fibre and bandwidth infrastructure provider serving carriers, hyperscalers, and enterprises with dark fibre, wavelengths, and managed connectivity. Comparable wholesale/enterprise fibre mix to Speed Fibre Group.
- Colt Technology Services: European-based enterprise and wholesale connectivity provider with owned fibre networks across major business hubs. Comparable in serving both carrier and enterprise customers with fibre-based connectivity services.
- EXA Infrastructure: European and trans-Atlantic wholesale fibre infrastructure operator offering dark fibre, wavelengths, and Ethernet services. Similar wholesale-first, carrier-grade positioning to Enet; recently scaled through M&A.
- Aqua Comms: Trans-Atlantic subsea and terrestrial fibre operator providing wholesale connectivity between the US, Ireland, and Europe. Directly comparable in wholesale fibre capacity services and Irish network presence.
- SIRO: Irish wholesale fibre joint venture between Vodafone and ESB rolling out FTTH across regional Ireland. Directly competes for the same Irish wholesale customers and end-market broadband demand.
Broad incumbents
- Eir (eircom): Incumbent Irish telecoms operator with the largest legacy fixed-line footprint and ongoing FTTH rollout. Competes for enterprise and wholesale connectivity customers as the dominant integrated carrier.
Regional players
- Neos Networks: UK business connectivity and wholesale fibre operator (formerly SSE Telecoms). Comparable in serving enterprise and carrier customers with dedicated fibre, but operating primarily in the UK rather than Ireland.
- Virgin Media Ireland: Cable/fibre broadband and business connectivity provider in Ireland. Comparable in delivering enterprise and residential connectivity over owned HFC/fibre infrastructure within the same Irish market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Speed Fibre Group social profiles
Digital presenceSpeed Fibre Group compliance and trust
Trust signalCompliance9 records
Speed Fibre Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Speed Fibre Group leadership team
Management profileNumber of profiles
Profiles8 records
Speed Fibre Group subsidiaries and ownership
Company hierarchySubsidiaries3 records
Speed Fibre Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Speed Fibre Group M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Speed Fibre Group
What does Speed Fibre Group do?
Speed Fibre Group develops and operates Ireland's largest open-access wholesale telecoms network (Enet) and the country's largest independent enterprise connectivity network (Magnet Plus), combining nearly 10,000 km of metro fibre, dark fibre backhaul, Metropolitan Area Networks in 94 cities/towns, licensed wireless and 90 regional co-location centres. The group sells wholesale network access to 100+ carriers and ISPs, and dedicated data connectivity, cloud-based voice and managed services to 4,000+ enterprise and public-sector customers across Ireland and Europe. Following the September 2025 acquisition of BT Communications Ireland, its network footprint and customer base expanded to over 15,000 connected buildings and more than 11,000 customers.
Is Speed Fibre Group a public or private company?
Speed Fibre Group is a private company. It is classified as private equity controlled and is currently operating.
When was Speed Fibre Group founded?
Speed Fibre Group was founded in 2000. It employs 1 to 10 people.
Where is Speed Fibre Group based?
Speed Fibre Group is headquartered in Dublin, Ireland, in the Europe region.
How does Speed Fibre Group make money?
Three revenue lines are on record. Wholesale Network Services are the primary driver. The others are enterprise Connectivity Services and managed Connectivity and Infrastructure Access.
Who are Speed Fibre Group's main competitors?
Direct peers on record are euNetworks, CityFibre, Zayo Group, Colt Technology Services, EXA Infrastructure, Aqua Comms and SIRO. Eir (eircom) is listed as a broad incumbent. Regional players are Neos Networks and Virgin Media Ireland.
Does Speed Fibre Group have an API?
No public API is recorded for Speed Fibre Group.
What industry is Speed Fibre Group in?
Speed Fibre Group's product category is Wholesale Telecommunications Infrastructure. Its primary akta.pro industry code is HDAIACAJ, Neutral-Host Fiber & Shared Access Network Operators, with a secondary code of HDABALAH, Backbone & Long-Haul Transport (IP/MPLS, Optical/Wavelength). Its NAICS code is 51711 and its SIC code is 4813.