RCS - Bango PLC - Korean telco KT selects the DVM from Bango

BangoAnnouncement

12/06/2025 07:00

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RNS Number : 4600M  Bango PLC  12 June 2025

BANGO PLC

 

("Bango" or the "Company")

 

Korean telco KT selects the Digital Vending Machine® from Bango to power
next-gen subscription bundles

 

·      AI subscription product among new services set to diversify and
transform customer experiences

 

Cambridge, UK, 12 June 2025 - Bango (AIM: BGO), announces a strategic
partnership with KT, a leading telecommunications provider in the Republic of
Korea, to deliver subscription services to its 13.5 million customers.
Leveraging the Digital Vending Machine® (DVM™) from Bango, KT customers
will benefit from new and exciting subscription services. This is the first
major DVM agreement for Bango in Korea, building momentum for further
expansion into the East Asia telco market.

KT will use the Bango DVM to seamlessly integrate a wide array of third-party
services into its subscriptions hub and its customer bundled offers. This will
include AI, language and translation subscriptions - responding to the rising
consumer appetite for next-generation digital experiences.

KT is leading the development of AI solutions across telecommunications and
other industry sectors in the Republic of Korea. With AI subscriptions
emerging as a standout category in the fast-evolving subscription economy, KT
is now extending that vision to give customers access to groundbreaking AI
services that enhance productivity, creativity, and learning, all through the
Bango DVM.

The Bango DVM simplifies the complexity behind subscription bundling,
transforming a traditionally technical and operational challenge into a
seamless, scalable business model. With a single integration, KT gains access
to a growing global catalog of subscription services. New offers can be
deployed quickly and flexibly, giving customers access to the latest services
while providing KT with deep insights to personalize and optimize bundles over
time.

"This collaboration will be a turning point for KT's subscription platform to
expand as a global subscription service hub," said Younggeol Kim, Head of KT's
Service Product Division. "We want to meet the evolving needs of our users,
whether that's the latest entertainment or cutting-edge AI subscriptions, and
the Digital Vending Machine from Bango gives us the agility to do exactly
that."

"KT is a leader in its field and now, also in the subscription space, taking
bold steps to offer customers a wide and modern mix of digital services," said
Paul Larbey, CEO of Bango. "With the Bango DVM, they can move faster, launch
smarter, and deliver the high-demand subscriptions people are asking for, from
SVOD to AI."

 

 

ENDS

 

 

Engage with the Bango management team directly by asking questions, watching
video
summaries and seeing what other shareholders have to say. Navigate to
our interactive Investor hub here: https://bangoinvestor.com/link/2P2kZy
(https://bangoinvestor.com/link/2P2kZy)

 

 

For further information, please contact:

 

 Investor questions on this announcement                                      https://bangoinvestor.com/link/2P2kZy (https://bangoinvestor.com/link/2P2kZy)

 We encourage all investors to share questions on this announcement via our
 investor hub
 Bango PLC                                                                    +44 1223 617 387

 Paul Larbey, CEO

 Matt Wilson, CFO
 Singer Capital Markets (Nominated Adviser and Broker)                        +44 20 7496 3000

 Jen Boorer

 Asha Chotai

 

Subscribe to our news alert service: https://bangoinvestor.com/auth/signup
(https://bangoinvestor.com/auth/signup)

 

 

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
subscription 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 (http://www.bangoinvestor.com/)

 

 

 

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