Magnet+, a privately owned Irish telecommunications company founded in 2004, provides connectivity services. As of 2023, it employs approximately 110 people and generates annual revenues of less than $50 million. The company is a subsidiary of Speed Fibre Group.

Revenue

Founded

2004

Headcount

110

Headquarters

Ireland

Primary Segment

Telecoms services

Ownership

Privately Owned

News Summary:

On September 1, 2025, Speed Fibre Group completed its acquisition of BT Communications Ireland Limited, a business unit of BT. A separate news item discussed the financial impact of connectivity outages on businesses, highlighting hidden costs beyond immediate service restoration fees. Magnet Talk, a platform combining voice, video, messaging, and collaboration tools, was presented as a solution to streamline communication, allowing users to make and receive calls from laptops. A comparison of Magnet Talk to Microsoft Teams highlighted the importance of considering call-management functionality and provider support when choosing a cloud-hosted VoIP solution. Finally, the Magnet Talk app was promoted as a tool for maintaining seamless connectivity while working remotely or using a hybrid work schedule.

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Magnet+ offers 3 products in the media and telecoms services industry. Magnet+'s product portfolio comprises of telecoms services.
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Magnet+'s revenues were less than $50M in 2023. 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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