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62.50 0.00 (0.00%)

Bid:

60.00

Ask:

65.00

Spread: 5.00 (8.333%)

Market Cap: £48.16m

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Bango inks new agreement with T-Mobile

Tue, 19th Apr 2022 10:00

(Sharecast News) - Data-driven commerce company Bango has inked a new agreement that will see its platform be deployed by US telco T-Mobile to deliver third-party products and services to customers.

Bango said the deal will enable T-Mobile to "rapidly and cost-effectively scale-up value-added-service offerings", giving customers "choice and value" across a "growing range" of subscription products and services.

The AIM-listed firm added that as a result of the new agreement, the majority of US telco customers will now be served through Bango technology.

"T-Mobile changed the wireless industry by putting customers first, and we are delighted to partner with a true innovator in the telecoms world to help them deliver even more customer benefit," said Bango CEO Paul Larbey.

"By providing a powerful platform for offers and bundles, Bango enables telcos to build strong merchant relationships that increase customer engagement."

As of 1000 BST, Bango shares were up 2.21% at 185.0p.