Bango PLC - Global Telecoms Deal
Released
Released
Announcement PDF
RNS Number : 8389M
Bango PLC
14 May 2020
May 14, 2020
BANGO PLC
("Bango")
Bango signs three-year platform deal with leading global telecoms provider
Cambridge, UK, 14 May 2020 - Bango (AIM: BGO), the mobile commerce company, 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.
This agreement, which began to take shape in 2019, is the second deal referred to in the
Trading Update issued on 31 December 2019. The first, announced on April 3, 2020,
wasthe data partnership with NHN.
ENDS
Contact Details:
Bango PLC
FTI Consulting
finnCap
Tel. +44 333 077 0247
Tel. +44 203 727 1000
Tel. +44 207 200 0500
Ray Anderson, Exec Chair
Rob Mindell
Marc Milmo
Paul Larbey, CEO
Carolyn Rand, CFO
Anil Malhotra, CMO
Darius Alexander
Leah Dudley
James Thompson
Matthew Radley
About Bango
App developers, stores and payment providers cross the threshold into the Bango
ecosystem to converge, grow and thrive. By bringing businesses together and powering ecommerce with unique data-driven insights, Bango delivers new business opportunities
and new dimensions of growth for customers around the world. Being inside the Bango
circle means global merchants including Amazon (NASDAQ: AMZN), Google (NASDAQ:
GOOG) and Microsoft (NASDAQ: MSFT) can work together with payment partners from
Africa to the Americas, accelerating the performance of everyone on the inside.
Bango. Think inside the circle. For more information, visit www.bango.com
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END
AGREAFSDFELEEAA
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