Magnet Networks, a company based in Ireland but owned by Columbia Ventures of Canada, is about ready to switch on customers at a new IPTV service it has just completed and tested over the last month or so. The service will start small in Dublin only and act as a pilot for the rest of Ireland. It will use Video on Demand Servers from Israeli Bitband, which powers the Fastweb network in Italy, one of the most successful IPTV services in the world, and the networking will be put together by Industria Telecom, a Scandinavian company and the front end Middleware and Interactive Programming Guide from Orca Interactive. About €5 million ($6.6 million) has been spent on the initial rollout…