Business telecommunications company, Magnet Business has been awarded the title of the night at the annual ICT Awards after being announced Telecommunications Company of the Year. The annual event, now in its eighth year and considered the “Oscars for the IT industry in Ireland”, recognises professional standards in the Information and Communications Technology sector and took place on May 1st in University College Dublin.
The judging panel, chaired by Forfas Chairman Eoin O'Driscoll considered Magnet’s contention-free offering as an example of disruptive activity which is giving it a competitive edge. They were also impressed by the extent of its fibre network, with 39 unbundled exchanges nationwide.
Frank Quinn, Joint Managing Director of Computerscope, said on the night: “This was one of the most hotly contested awards tonight, with the number of entries doubling over last year. The judges looked for disruptive market behaviour, companies doing well in niches and clear evidence of strategy.”
As well as Mr. O’Driscoll other judges included Dr Jim Mountjoy, Director of the Science Foundation of Ireland and Chairman of the ICT Ireland R&D Advisory Committee; Chairman of the Irish Software Association Pat Brazel; Dr Tom McCarthy, Chief Executive of the Irish Management Institute and Jim O’Hara, General Manager of Intel Ireland.
Magnet Business Sales Director, Nicola Mortimer accepted the award saying: “In an increasingly competitive market, this award is a great testament to the high quality and differentiated service being offered by Magnet to our business customers. We have been recognised for raising the bar for telecommunications in Ireland, being the first to market with contention free broadband, Ireland’s fastest broadband speeds and more recently a true business grade voice and data service for the SME. ”
Magnet Business provides an extensive portfolio of telecommunications products and services including high-end telecom systems, voice services, LAN extension, international links, broadband, leased Line and internet services. As well as having 39 unbundled exchanges nationwide the company has an extensive fibre based network in Dublin, Galway, Cork, Limerick, Waterford and Portlaoise.
About Magnet Business
Magnet Business (magnetbusiness.ie), the business services division of Magnet Networks, was established to provide broadband connectivity and internet services to Irish SOHO, SME and corporate customers nationwide. As well as having 39 unbundled exchanges nationwide enabling it to provide advanced xDSL based services including SHDSL and ADSL2+ the company has an extensive fibre based network in Dublin, Galway, Cork, Limerick, Waterford and Portlaoise.
Magnet Business also offers standard DSL and Wireless broadband, security solutions, online backup, managed email, hosting, teleworking and remote access solutions. These services are available both directly and through a channel partner base consisting of IT maintenance companies, systems integrators and telcos. Magnet Business was established following Columbia Ventures Corporation (CVC) acquisition of wireless specialist Leap Broadband and business ISP Netsource.
CVC is the parent company of Magnet Networks and currently holds extensive business and telecommunications interests in the US, Europe and Australia. Other CVC assets in Ireland include Dublin-based Hibernia Atlantic, owner/operator of a 12,200 km-long transatlantic fiber-optic network connecting the UK, US, Canada and Dublin. The CVC group companies serve over 160,000 business customers across the US, Ireland and UK networks.