Magnet signs new five year deal with Enet
Enet, the fibre network operator, has agreed a seven-figure deal with Irish telecoms firm Magnet.
The five-year deal will facilitate Magnet’s delivery of services to customers in Cork, Limerick, Waterford, Portlaoise, and Galway.
Magnet will now have access to 100GB circuits on Enet’s backhaul network with the option to acquire additional capacity in the future if it looks to expand into new towns.
Magnet’s head of product, James Canty, says that the move is continuing the firm’s focus on helping regional businesses grow.
“This additional network capacity will have a very positive impact on the speed and efficiency of these services for our customers.”
The internet service provider will look to strengthen its broadband services with the extra capacity. Magnet aims to take full advantage of the growth in cloud-based services.
Enet’s chief executive, Conal Henry, said that the deal is adding to the firm’s commitment to serving all licensed Irish telecom service providers.
“Our continued investment in fibre infrastructure in both backhaul and within the metropolitan area network towns has given service providers a wealth of choice and opportunities when it comes to delivering the very best services to their customers,” he said.
Mr Henry continued, saying that the newly serviced areas will have access to ‘wholly reliable’ broadband.
Last month Enet demonstrated its 1 gigabit-per second fibre power broadband network in north Kerry as part of the Government’s National Broadband Plan (NBP).
The NBP is a state-funded incentive that looks to connect areas unserved by commercial broadband operators with high-speed connections.