Announcement: Nonvoice partners with Bango to accelerate 5G app adoption

Bango has entered a Bango Marketplace partnership agreement with Nonvoice, the leading 5G app agency. Through the partnership, Nonvoice will accelerate the adoption and success of its network of 5G app developers.

Read full press release here

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PERL note: “Record Revenue Growth, Momentum Strong”

Download the latest Progressive Equity Research note, covering Bango’s H1 20 trading update.

“Bango’s H1 20 trading update in our view delivers a number of confident messages. Growth in the key End User Spend (“EUS”) metric remains robust, and the group delivered record revenue growth and EBITDA during the period. ” Progressive Research

All forecasts contained within represent the views of Progressive Research, not of Bango or other analysts covering Bango.

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Announcement: Trading Update and Notice of Results

Bango is pleased to provide an update on trading for the six months ended 30 June 2020 (1H 2020), ahead of announcing its Interim Results on 15 September 2020.
Read full announcement here

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Proactive Investors video: Bango CEO hails launch of SoftBank payment option for Amazon in Japan

Bango PLC’s (LON:BGO) CEO Paul Larbey speaks to Proactive London’s Andrew Scott soon after announcing the launch of carrier billing for mobile operator SoftBank Corp, enabling subscribers to make purchases from Amazon Inc’s (NASDAQ:AMZN) Japanese website.

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PERL note: “Thoughts on M&A in the DCB Sector”

Download the latest Progressive Equity Research note on the intended acquisition of Fortumo by Boku.

“Bango is more focussed on the data and marketing opportunities that arise from mobile payments, whereas Boku highlights broad coverage and low cost alongside its push into mobile identity.” Progressive Research

All forecasts contained within represent the views of Progressive Research, not of Bango or other analysts covering Bango.

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PERL note: “Two tech giants turn to Bango for DCB”

Download the latest Progressive Equity Research note, covering the launch of Direct Carrier Billing (“DCB”) for Japanese Mobile Network Operator (“MNO”) SoftBank on Amazon.co.jp.

“Outside of the Japanese mobile business, SoftBank in our view is a backer of cornerstone technologies of global significance. The announcement therefore heralds the start of a new Bango relationship with another global tech titan.” Progressive Research

All forecasts contained within represent the views of Progressive Research, not of Bango or other analysts covering Bango.

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Announcement: Bango launches SoftBank payment option for Amazon.co.jp

Bango announces that it has enabled carrier billing for mobile operator SoftBank Corp. (TSE : SOBKY), on Amazon.co.jp. Amazon (NASDAQ : AMZN) customers with a SoftBank mobile phone account can now pay for goods, membership fees and subscription services, and charge the cost to their mobile phone bill.

Read full announcement here

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Proactive Investors video: Bango helps to grow paying user base of UAE mobile operator with Bango Boost

Bango PLC’s (LON:BGO) Anil Malhotra talks to Proactive Investors about the results of some work earlier this year with du, a mobile operator in the United Arab Emirates (UAE) which was based around the Bango Boost programme.

Bango Boost is designed to help partners to grow the business they do through the Bango Platform.

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Announcement: Next gen Bango technology grows active customers for du

Bango announces that deploying its payment optimization technology has enabled du, the leading UAE mobile operator, to grow its active carrier billing customer base.

Growing the number of customers that activate and use Direct Carrier Billing (DCB), a one-click method of charging purchases to the user’s mobile phone bill, is a powerful way for operators to capture more value from the consumption of “OTT” content and services, for example from app stores.

Read full announcement here

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Bango AGM – Shareholder questions

1. News flow: How do you decide when to issue a press release, for example by RNS?

Bango publishes news frequently to keep investors and partners updated on progress, to share market developments, provide financial information and meet regulatory obligations. Bango “Thrive” values include T for Transparency, so we publish news when we can, through “traditional” channels like Business Wire, direct journalist contacts and Stock Exchange RNS distribution. Bango technology is used by some of the world’s biggest companies – Amazon, Google, Microsoft for example – and they place restrictions on disclosure of information about their businesses. This means Bango is unable to disclose details of certain contract wins or forecast the business potential of some agreements. Investors should visit Bango.com as well as Bangoinvestor.com for lots of news and updates, follow Bango on Facebook, LinkedIn and Twitter to get the maximum flow of useful information.

2. How does Bango see the opportunities presented by cloud-hosted gaming platforms, and will 5G make this a bigger opportunity?

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