13th Mar 2024 11:57
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 | |
Paul Larbey, CEO | Harry Gooden | |
Matt Garner, CFO | Jen Boorer | |
Asha Chotai | ||
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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
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