2017 Annual Report

Bango has published its Annual Report for the year ended 31 December 2017.

Click here to download the Bango Annual Report 2017.

Click here to order a printed copy of the Bango 2017 Annual Report.

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Announcement: Final Results

Bango today announces its Final Results for the year ended 31 December 2017.

Read RNS announcement

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Bango Strategy Day

Watch the highlights from the Bango Strategy Day held in London, UK on 24 January, 2018.

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PERL note: Doubling down on platform leadership strategy

Download the latest Progressive Equity Research note covering the key information delivered at the recent Bango Strategy Day, in particular the Group’s strategy, data opportunity and Audiens acquisition, Japanese business and resale and bundling opportunity.

“The Strategy Day was reassuring in terms of the group’s strategic positioning and ability to sustain momentum, particularly via the exploitation of emerging growth opportunities in data, DCB for physical goods and from resale and bundling.”

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

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Announcement: Placing and Acquisition

  • Acquisition of Audiens to accelerate data monetization business
  • Placing of £5 million to fund Acquisition
  • Expected to add to group Revenue immediately and boost 2019 profit
  • Benefits for Bango Customers and mobile operator partners

Bango announces a placing of 2,777,778 new ordinary shares (the “Placing Shares”) at a price of 180 pence per share (the “Placing Price”) to raise £5 million (the “Placing”). In addition, Bango announces that it has acquired 98.45 per cent. of Audiens SRL (“Audiens”), the data management subsidiary of Digitouch S.p.A (DGT:Borsa Italiana) (” Digitouch”), from Digitouch, Marko Maras, Sodapao S.R.L., My Draco S.R.L. and Fabrizio Ampollini (together the ” Sellers ” ) (the “Acquisition”). The Acquisition is not conditional on admission of the Placing Shares to the AIM market. Continue reading

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PERL note: Bundling technology launched in India

Download the latest Progressive Equity Research note covering the news that it’s providing resale and bundling technology for Amazon in India.

“The launch represents an expansion of the Bango Platform (“BP”) beyond Direct Carrier Billing (“DCB”), and also increases Bango’s exposure to a sizeable mobile and e-commerce market.”

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 resale technology with Amazon in India

Delivering Amazon Prime memberships to customers through Airtel

Bango has expanded the use of its platform to provide resale and bundling technology to Amazon, enabling customers to sign-up to Amazon Prime in India through resellers that offer product bundles.

India’s largest mobile network operator, Bharti Airtel, is the first to make Amazon Prime available as part of a bundled package offered to its customers. Eligible customers can activate the offer through the Airtel TV app, entitling them to enjoy the benefits of a free one-year Amazon Prime membership.

The Bango Platform ensures that the moment the customer accepts the service it becomes active and they receive uninterrupted access for as long as they continue to subscribe. This launch represents a new application of the Bango Platform to enable reselling at scale.

“Bango partners have identified another way to meet customer needs for instant, uninterrupted access to the best content and services. Bundles and resale are a natural business model extension for merchants wanting to increase customer reach”, commented Ray Anderson, CEO, Bango. “This launch highlights the versatility of the Bango Platform and strength of relationships that have seen Bango take partners into new territories, for new types of goods and services, through one, standard platform.”

This launch follows the successful launch of Direct Carrier Billing (DCB) for Amazon retail customers in Japan (June 2017), which then expanded to customers of Amazon Prime and Prime Student membership programmes (November 2017).

Read the full announcement – Bango launches resale technology with Amazon in India

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