RCS - Bango PLC - Non Regulatory - 3rd Tier 1 US Telco DVM launch

BangoAnnouncement

13/03/2024 12:00

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

 

 

 

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