Bango signs three-year platform deal with leading global telecoms provider


Bango (AIM: BGO), the mobile commerce company, is pleased to announce that it has signed a significant, multi-year platform agreement with a major global telecoms provider.

The deal is for an initial period of three years and is worth, in aggregate, at least £1.5M to Bango, with opportunity for Bango to earn additional revenues over this three-year period. Under the agreement, the telecoms provider will deliver a range of third-party products and services to its customers through the Bango Platform and will benefit from Bango data insights to optimize the targeting of product offers.

This agreement, which began to take shape in 2019, is the second deal referred to in the company's Trading Update issued on 31 December 2019. The first, announced on April 3, 2020, was the data partnership with NHN.

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