Magnet+, owned by Speed Fibre Group, is headquartered in Ireland. Founded in 2004, the company employs approximately 110 individuals and specializes in telecoms. It operates as a tier 1 media tech buyer, functioning as a connectivity provider in Ireland.

2024 Revenue

Founded

2004

Headcount

91

Headquarters

Ireland

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

On September 30, 2026, Magnet+ published insights distinguishing between business broadband, dedicated internet access (DIA), and leased lines, noting that providers, including Magnet+, often use DIA and leased line interchangeably to describe uncontended symmetrical connections backed by service level agreements (SLAs). Previously, on August 27, the company detailed "carpet bombing" distributed denial of service (DDoS) attacks, describing them as a newer and more disruptive technique that poses challenges to traditional defenses in Ireland. This followed an August 19 discussion by Magnet Plus’s Patrick Masterson, who advocated for a combined network and security strategy to ensure business continuity and maintain customer trust, highlighting a traditional cybersecurity focus on data protection, ransomware prevention, and endpoint security. Earlier in August, on the 7th, Magnet+ published guidance on protecting against DDoS attacks, which it identified as a significant threat capable of disrupting operations, causing financial losses, and damaging customer trust by overwhelming servers, applications, or networks. In July, on the 2nd, the company emphasized the critical role of DIA connectivity for modern production companies, asserting that high-speed, reliable internet serves as the backbone for digital production workflows, from large file transfers to real-time global collaboration.

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Magnet+ offers 3 products in the media and telecoms services industry. Magnet+'s product portfolio comprises of telecoms.
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Magnet+'s revenues were less than $50M in 2024. Caretta Research has split Magnet+'s revenue into 2 different product categories, the largest of which is enterprise broadband and voice. For full access to Magnet+'s revenue breakdown subscribe to Caretta Portal.
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