Magnet Networks
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Mark Kellett, chief executive, Magnet Networks
Mark Kellett has held the position of CEO for Magnet Networks since November 2007. Previous to his appointment, Kellett was Group Finance Director for Yahoo! Europe where he served from 2004 to 2006 as a member of the European Executive Board and chairman of the Irish Board of Directors, providing organisational leadership to a worldwide finance and operations team. A key achievement at Yahoo! was the establishment of the European Shared Services Centre and securing the necessary IDA backing/funding.
Other career highlights include a senior role as Worldwide Finance Director for Network Appliance based in California and a position as EMEA Finance Manager for SUN Microsystems based in the UK.
Kellett is a keen sportsman and was part of the first Irish Expedition to Mount Everest in 1993, and subsequently went on to train as a mountain leader. Kellett was also selected to play representative rugby in England.
Kellett is a qualified accountant and holds an MBA from Manchester Business School.
About Magnet Networks
Magnet Networks employs the latest in broadband technology to provide residential and business customers with digital phone, internet and television services through two divisions, Magnet Entertainment and Magnet Business.
Since its arrival in 2004, Magnet Networks has made a continued investment in providing Ireland with fast, powerful and reliable broadband. A pioneer of super-fast broadband in Ireland, the company has 40 unbundled exchanges nationwide, making it the largest provider of local loop unbundled (LLU) services in Ireland. It has also the largest fibre network in Ireland and the UK, offering Ireland’s fastest broadband service at 50Mbps.
Magnet Business offers a consolidated communications package called VoiceNet, which combines voice and high-speed internet over a high-end phone system. It also offers a range of broadband packages – asymmetric and symmetric – over copper ADSL2+ and fibre.
Magnet Entertainment offers broadband, digital TV and phone services, as well as a TV service on a PC (PCTV), through which RTE1, RTE2, TV3, TG4, 3e and MTV can be watched for free if customers are availing of the company’s broadband service.
Based in Clonshaugh, Co Dublin, Magnet Networks is a fully owned subsidiary of US-based private equity investment company Columbia Ventures Corporation, holder of extensive telecoms interests on both sides of the Atlantic and elsewhere. Capitalising on its parent company’s transatlantic fibre connection through Magnet’s sister company Hibernia Atlantic, Magnet offers Ireland’s only direct fibre-optic link to North America.
Magnet Networks won Telecommunications Company of the Year at the 2008 annual ICT Awards.
