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?

Continue reading

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Announcement: Bango expands presence in three continents with new Google Play launches

Bango has successfully launched carrier billing routes in the Google Play store for new operators in Asia, Latin America and Africa. Millions of customers in Peru, Hong Kong and South Africa can now pay for the massive array of content and services in Google Play, charging the cost to their phone bill, all powered by the Bango Platform.

Read full announcement here

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Announcement: Bango signs three-year platform deal with leading global telecoms provider

Bango is pleased to announce that it has signed a significant, multi-year platform agreement with a major global telecoms provider.

The deal is for an initial period of three-years and is worth, in aggregate, at least £1.5M to Bango, with opportunity for Bango to earn additional revenues over this three-year period. Under the agreement, the telecoms provider will deliver a range of third-party products and services to its customers through the Bango Platform and will benefit from Bango data insights to optimize the targeting of product offers.

Read full announcement here

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Annual General Meeting, May 22 – Changes to Arrangements

The following information explains how the Bango Annual General Meeting (AGM) will be run at 2pm on Friday, 22 May 2020. The original Notice of AGM is here.

The Board has been monitoring the measures put in place by the UK Government in response to COVID-19. These include the requirement for individuals to stay at home except for limited purposes, and a ban on gatherings.

The Board has therefore decided that the AGM will be held with the minimum necessary quorum of two shareholders present at the Bango offices, to conduct the business of the meeting. All shareholders are encouraged to vote in advance by proxy. The Board has also determined that, in the interests of public, employee and shareholder welfare, health and safety, the AGM will be held in this format even if the Government loosens lockdown before 22 May.

Unfortunately Bango cannot accommodate shareholders attending the AGM in person. Anyone trying to attend the AGM in person will not be admitted. All valid proxy votes on the proposed resolutions will be included in the votes to be taken at the meeting. The results of the AGM will be announced in the normal manner as soon as practicable following the AGM.

To protect those required to attend the AGM in person, the AGM will be reduced in length and limited to the formal business required, as set out in the Notice of AGM. Shareholders are invited to call in to the AGM to listen to proceedings of the meeting. Shareholders interested in registering for the call can do so by emailing bango@fticonsulting.com no later than 2pm on Wednesday, 20 May 2020.  Please ensure you have proof of shareholding and identity available to register.

The Board welcomes engagement with its shareholders and those who have questions relating directly to the business of the AGM can forward their questions to the Company Secretary by emailing agm@bango.com no later than 2pm on Wednesday, 20 May 2020.  Answers to these questions will be posted on bangoinvestor.com as soon as practicable after the AGM.

Proxy Voting

Shareholders are encouraged to register their votes on the Resolutions of the AGM by completing and returning via email the proxy form that accompanied the Notice in accordance with the instructions printed on the proxy form.

Shareholders should appoint “The Chair of the meeting” as their proxy.  Please note the deadline for submitting proxies is 2pm on Wednesday, 20 May 2020.

Click here for the associated form of proxy and here for the explanatory notes.

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