Magnet Logistics
Magnet Plus is an Irish enterprise connectivity, cloud voice, and managed network services provider serving 10,000+ business and residential customers as the operating brand of Speed Fibre Group (owned by Cordiant Digital Infrastructure since 2023).
- Company typePrivate
- Founded-
- HeadquartersDublin, Ireland
- Headcount—
- GTM typeB2B
- OfferingServices
What Magnet Logistics does
Magnet Plus (legal entity Magnet Networks Limited, CRO No. 391141) is an Irish enterprise connectivity, cloud voice, and managed network services provider operating from Dublin. The company was formed in 2021 through the merger of legacy brands AirSpeed Telecom and Magnet Networks under the Speed Fibre Group umbrella, and is positioned as Ireland's largest connectivity provider with a stated 10,000+ customer base across enterprise, SMB, residential, and vertical segments including hospitality, pharmaceutical, and media production.
The product portfolio spans Dedicated Internet Access (DIA) offering uncontended 10Mb-10Gb bandwidths, business broadband over copper/fibre/SIRO/NBI with integrated 4G failover, Magnet 5G Broadband Anywhere for wireless deployment, and Magnet Talk Prime hosted PBX with SIP trunks and Microsoft Teams integration. The managed services layer includes Magnet Duo (dual active-line guaranteed internet with Fortinet-powered automatic failover routing to separate data centres), SD-WAN, managed failover, and DDoS protection. Supporting infrastructure is the Speed Fibre Group platform, which acquired BT Communications Ireland in 2023 and is itself owned by Cordiant Digital Infrastructure Ltd since 2023.
The business model is built on recurring subscription revenue for connectivity and voice services, supplemented by usage-based international voice termination (rates ranging €0.045-€1.00/minute), managed-service fees, and project-based enterprise deployments. Go-to-market is direct enterprise field sales supported by inside sales, online self-service via the MyMagnet portal, live chat, and channel presence at Irish industry events. Pricing is predominantly quote-based for enterprise services, with public pricing only on call rates and select bundled voice plans.
Magnet Logistics firmographics
Firmographics- Name
- Magnet Logistics
- Legal name
- Magnet Networks Limited
- Website
- https://magnetplus.ie
- Company type
- Private
- Operating status
- Operating
- Short description
- Magnet Plus is an Irish enterprise connectivity, cloud voice, and managed network services provider serving 10,000+ business and residential customers as the operating brand of Speed Fibre Group (owned by Cordiant Digital Infrastructure since 2023).
- Ownership category
- akta.pro rank
Magnet Logistics industry classification
Industry- Product category
- Business Telecommunications & Connectivity Services
- NAICS
- Wired and Wireless Telecommunications Carriers (except Satellite) (51711), Wired Telecommunications Carriers (517111)
- SIC
- Computer Communications Equipment (3576)
- akta.pro primary industry
- Network Backbone & Core IP Transport (Long-Haul/Metro IP) (HDAIAFAG)
Keywords
Where Magnet Logistics is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- Ireland
- HQ region
- Europe
Offices2 records
Markets served
Magnet Logistics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Connectivity Services: Recurring subscription revenue from Dedicated Internet Access (DIA), business broadband, and 5G wireless broadband services. Bandwidths range from 10Mb to 10Gb with SLA-backed guarantees.
- Voice Services: Cloud voice solutions including Magnet Talk Prime hosted PBX, SIP Trunks, and MS Teams integration. Revenue from subscription plus usage-based call charges across international call bands.
- Managed Services: Additional managed services including DDoS protection, managed failover, and network management solutions.
- Call Charges and Termination Rates: Usage-based revenue from voice termination rates, international call bands (Band 1-5), and premium/special numbers. Rates vary from €0.045 to €1.00 per minute for international destinations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Magnet Talk Infinity Voice Plan - 5,000 minutes per user monthly |
| Subscription | Monthly | Office In a Box 1-5 Users |
| Subscription | Monthly | Office In a Box 6-10 Users |
| Usage-based | Monthly | International Call Rates - Band 1 Mobile |
| Usage-based | Monthly | International Call Rates - Band 2 Fixed |
| Usage-based | Monthly | International Call Rates - Band 3-5 |
| Usage-based | Monthly | Always On 4G Excessive Use Charge |
| Usage-based | Monthly | Local and National Call Rates |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Magnet Logistics product offering
Product offeringCore offering
Magnet Plus provides enterprise and business customers in Ireland with dedicated internet access (DIA), business broadband (fibre, copper, SIRO, NBI), 5G wireless broadband, cloud-hosted voice/VoIP (Magnet Talk Prime), SIP trunks, Microsoft Teams integration, SD-WAN, managed failover, and DDoS protection. The portfolio is delivered over Speed Fibre Group's national telecoms infrastructure and supported via dedicated sales and support lines plus the MyMagnet self-service portal.
Product overview
Magnet Plus is a telecommunications and connectivity provider offering a unified portfolio of connectivity, voice, and managed services products. The core offering comprises Dedicated Internet Access (DIA) as the premium uncontended connectivity tier, complemented by business broadband (copper, fibre, SIRO, NBI, wireless) and 5G wireless broadband. Voice services include Magnet Talk Prime (cloud-hosted PBX), SIP Trunks, and Talk + MS Teams integration. Managed services layer includes Managed Failover, DDoS Protection, SD-WAN, and Magnet Duo (guaranteed dual-line internet). All services are accessible via the MyMagnet customer portal. The portfolio targets businesses of all sizes across Ireland, with international reach via Speed Fibre Group infrastructure.
Differentiator
Problem solved
Functional benefit
Brands
- Magnet Talk: Hosted voice solutions and cloud phone system enabling calls from laptops, mobile apps and softphones.
- Magnet Duo
- Fatpipe
- Magnet+ Ultimate Business Broadband
- Magnet+ 5G Broadband Anywhere
Products and services
- Magnet Dedicated Internet Access (DIA) Gold standard dedicated internet access providing a completely private, ultra-fast uncontended connection exclusively for one business, with bandwidths from 10Mb to 10Gb. Targeted at enterprises requiring guaranteed bandwidth and SLAs.
- Magnet+ Ultimate Business Broadband Business broadband service delivered over multiple access technologies (copper, fibre, SIRO, NBI, wireless) with integrated 4G backup, offered in bandwidths such as 100MB or 1GB. Targeted at Irish businesses needing resilient primary connectivity.
- Magnet 5G Broadband Anywhere Wireless broadband service delivered over the 5G mobile network, providing rapid deployment and average speeds of more than 20Mb virtually anywhere in Ireland, including locations where traditional fixed broadband is unavailable. Targeted at businesses needing fast-deployment connectivity.
- Magnet International Capabilities International connectivity services enabling businesses to operate across borders with global reach, leveraging Speed Fibre Group's infrastructure footprint. Targeted at organisations with cross-border sites or international data exchange needs.
- Magnet Talk Prime (Hosted Voice / Cloud PBX) Hosted voice/VoIP solution (cloud PBX) where the switchboard functionality resides in Magnet's core network rather than on customer premises, offering voicemail, extension dialing, unified communications, instant messaging and presence. Targeted at businesses replacing legacy PBX systems with managed cloud telephony.
- Magnet SIP Trunks SIP trunking service that connects a customer's existing on-site PBX hardware to Magnet's voice network via SIP protocol, enabling VoIP call termination over data connections. Targeted at businesses that want to keep their existing PBX but move call delivery onto IP.
- Talk + MS Teams Integration between Magnet Talk hosted voice and Microsoft Teams that lets employees make and receive calls directly inside the Teams application using Magnet's voice infrastructure. Targeted at organisations standardising collaboration on Microsoft Teams.
- Magnet Managed Failover Managed failover service that provides automatic backup connectivity when the primary internet connection is disrupted, ensuring business continuity. Targeted at businesses whose operations cannot tolerate primary-link outages.
- DDoS Protection Managed DDoS protection service that safeguards business connectivity against distributed denial-of-service attacks. Targeted at businesses whose internet-facing services need protection from volumetric and protocol-layer attacks.
- Magnet SD-WAN Software-defined wide area networking solution that centralises and simplifies network management, supporting MPLS, High Speed Internet and Direct Internet Access connectivity types with intelligent traffic routing and centralised security. Targeted at multi-site enterprises replacing or augmenting traditional WAN.
- Magnet Duo (Guaranteed Internet) Ireland's first fully guaranteed internet connection, delivered over two entirely separate active lines (fibre plus fibre or wireless), each routed to individual data centres and powered by Fortinet technology with automatic traffic switching. Targeted at customers that need guaranteed uptime rather than best-efforts broadband.
- Always On / Always On Plus 4G Failover 4G failover product (standalone or bundled with Magnet+ Vital, Ultimate or Absolute Broadband) that provides secondary connectivity when the primary connection is unavailable, with a 100GB per SIM per month fair usage threshold. Targeted at businesses needing low-cost backup connectivity.
- Magnet VoIP Service Voice over IP service terminating calls via dedicated interconnects with Tier 1 voice carriers, providing SLA-backed voice communication over data connections. Targeted at customers needing managed IP voice termination independent of any on-site PBX.
Quantifiable outcome
- 37% faster network speeds than UPC in Netflix rankings
- +3 more outcomes
Companies that use Magnet Logistics
Customer profileNamed customers2 records
Segments6 records
Ideal customer profiles5 records
Magnet Logistics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature7 records
Magnet Logistics partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- LGBT Irelandcore11-year partnership providing LGBT Ireland with complimentary Ultimate Broadband and Magnet Talk services to power the National LGBT Helpline and peer-to-peer support services. Magnet+ sponsors services free of charge during Pride Month, enabling LGBT Ireland to redirect resources to frontline support. Partnership has supported evolution from regional helplines to nationally connected volunteer network.
- FortinetcoreTechnology partnership powering Magnet Duo guaranteed internet service. FortiGate platform provides world-leading firewall features, IPS, application control, anti-virus, anti-malware, and web filtering in a consolidated security platform.
- Speed Fibre GroupcoreParent company - Ireland's leading telecoms infrastructure platform. Magnet Plus is a core part of Speed Fibre Group, operating as the consumer/business-facing brand under the group's infrastructure.
- BT Communications Ireland LimitedminorAcquired by Speed Fibre Group (parent company), expanding the group's telecommunications infrastructure and market presence in Ireland.
Scale indicators8 records
Recent moves5 records
Expansion highlights6 records
Magnet Logistics competitors and assessment
Company assessmentDirect peers
- Pure Telecom: Irish challenger B2B and consumer telecom provider offering broadband, voice, and bundled services. Comparable challenger positioning to Magnet Plus in the Irish SMB and residential broadband market.
- Eir (Eircom): Irish incumbent telecommunications operator providing broadband, voice, and managed services to enterprise and consumer customers. Direct competitor to Magnet Plus across connectivity, voice, and wholesale access — and a key wholesale network provider Magnet Plus depends on for last-mile delivery.
- Three Ireland: Irish mobile and wireless broadband operator competing with Magnet Plus's wireless broadband and 5G offerings. Direct overlap in mobile/wireless enterprise connectivity and SMB segments.
- Virgin Media Ireland: Major Irish business and consumer broadband, voice, and connectivity provider. Directly competes with Magnet Plus across business broadband, DIA, and voice services in the Republic of Ireland market with overlapping enterprise and SMB segments.
- Vodafone Ireland: Large multinational telecom operator with significant Irish business and consumer footprint. Directly competes with Magnet Plus in business broadband, mobile/wireless, UCaaS, and SD-WAN, with comparable enterprise go-to-market.
- Imagine Communications: Irish fixed wireless and broadband provider serving rural and underserved areas. Comparable to Magnet Plus's Magnet 5G Broadband Anywhere product targeting geographies where fixed-line broadband is unavailable or weak.
- Sky Ireland: Irish broadband and TV provider competing for both residential and small business connectivity customers. Overlaps with Magnet Plus's broadband and bundled voice/connectivity offerings in the Irish market.
- BT Communications Ireland: Irish enterprise connectivity and managed network services provider, now under the same Speed Fibre Group parent as Magnet Plus following the 2023 acquisition. Closest in enterprise connectivity, SD-WAN, and managed services portfolio.
Broad incumbents
- Colt Technology Services: European business-focused connectivity, SD-WAN, and managed network services provider with on-net fibre in major European business districts. Comparable to Magnet Plus in enterprise DIA, SD-WAN, and managed services but with broader pan-European footprint.
Regional players
- Viatel (Digital Realty): Ireland-focused fibre network and connectivity operator (now part of Digital Realty). Comparable wholesale/last-mile fibre infrastructure and business connectivity services in Ireland, overlapping with Magnet Plus's DIA and broadband offerings.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Magnet Logistics social profiles
Digital presenceMagnet Logistics compliance and trust
Trust signalCompliance1 record
Magnet Logistics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magnet Logistics leadership team
Management profileNumber of profiles
Profiles7 records
Magnet Logistics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magnet Logistics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Magnet Logistics
What does Magnet Logistics do?
Magnet Plus provides enterprise and business customers in Ireland with dedicated internet access (DIA), business broadband (fibre, copper, SIRO, NBI), 5G wireless broadband, cloud-hosted voice/VoIP (Magnet Talk Prime), SIP trunks, Microsoft Teams integration, SD-WAN, managed failover, and DDoS protection. The portfolio is delivered over Speed Fibre Group's national telecoms infrastructure and supported via dedicated sales and support lines plus the MyMagnet self-service portal.
Is Magnet Logistics a public or private company?
Magnet Logistics is a private company. It is classified as corporate owned and is currently operating.
When was Magnet Logistics founded?
Magnet Logistics was founded in -1.
Where is Magnet Logistics based?
Magnet Logistics is headquartered in Dublin, Ireland, in the Europe region.
How does Magnet Logistics make money?
Four revenue lines are on record. Connectivity Services are the primary driver. The others are voice Services, managed Services and call Charges and Termination Rates.
Who are Magnet Logistics's main competitors?
Direct peers on record are Pure Telecom, Eir (Eircom), Three Ireland, Virgin Media Ireland, Vodafone Ireland, Imagine Communications, Sky Ireland and BT Communications Ireland. Colt Technology Services is listed as a broad incumbent. Viatel (Digital Realty) is listed as a regional player.
Does Magnet Logistics have an API?
No public API is recorded for Magnet Logistics.
What industry is Magnet Logistics in?
Magnet Logistics's product category is Business Telecommunications & Connectivity Services. Its primary akta.pro industry code is HDAIAFAG, Network Backbone & Core IP Transport (Long-Haul/Metro IP). Its NAICS code is 51711 and its SIC code is 3576.