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Pin to quick picksBango Regulatory News (BGO)

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Non Regulatory - 3rd Tier 1 US Telco DVM launch

13 Mar 2024 11:57

RNS Number : 7190G
Bango PLC
13 March 2024
 

Bango PLC

 

("Bango" or the "Company")

 

Bango Digital Vending Machine® launched by Third Tier 1 US Telco

 

Cambridge, UK, 13 March 2024 - Bango (AIM: BGO), announces that following the signing of a long term Digital Vending Machine® contract in FY23 by a top 5 US operator, the service has now launched. This launch triggers the start of the associated license revenue which adds a minimum of $2M additional Annualized Recurring Revenue (ARR).

 

 

 

-ENDS-

 

 

Contact Details:  

  

Bango PLC  

Singer Capital Markets (Nominated Adviser and Broker)

+44 1223 617 387 

+44 20 7496 3000

investors@bango.com

Paul Larbey, CEO

Harry Gooden

Matt Garner, CFO 

Jen Boorer

Asha Chotai

 

 

About Bango

 

Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.

 

The world's largest content providers, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) trust Bango technology to reach subscribers everywhere.

 

Bango, where people subscribe. For more information, visit www.bangoinvestor.com

 

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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