Business

Business Update

Business Update.

articleBango PlcNovember 5, 20134/company/bango-plc/news/business-update-214
Business Update

About this update from Bango Plc

[{"type":"text","content":"\n \nRNS Number : 1810S Bango PLC 05 November 2013  \n\n5th November 2013\n \nBANGO PLC\n(\"Bango\")\n \nBusiness Update \n \nContinued momentum with additional Google Play launches and geographic & platform expansion\n \nNew York and Cambridge - Bango (AIM: BGO), the mobile web payments and analytics company, is pleased to provide an update on the progress of its business.\n \nIntegrations with the Bango Platform\n \nGoogle Play\n \nIn September 2013, Bango announced in its Interim Results statement that Google Play daily end user spend entered the top three of Bango's end user spend sources with its first and sole live connection. Bango also noted that it expected other Mobile Network Operators (MNO) to become active in the coming months. Bango is now pleased to be able to announce the integration with Rogers Communications and Fido, mobile wireless providers in Canada, with Google Play is now live. A staged rollout is in progress and transaction volumes are growing.  Bango currently expects to integrate at least five further operators with Google Play. These integrations have been agreed and are expected to become active in the coming months, in each case subject to successful completion of testing. \n \nThis indicates significant progress for Bango in its plan to integrate operators into Google Play, building on the success of the integration for Telstra in Australia in December 2012.\n \nBango expects to deliver further operator connections into Google Play in the coming year, in addition to those live and already agreed, as Android continues to forge ahead in the connected device market and other MNOs around the world leverage their existing Bango Payments Platform integrations or become new Bango-integrated MNOs. \n \nBango customers make the decision to announce their use of Bango technology, and unless permitted by the customer, until that time Bango does not speculate on the identity of any customer that has been won, is in test or has live transactions underway.\n \nThe Board believes it is too early to forecast the level of business from its further relationships with Google Play while MNOs are in the early stages of rolling out live connections through Bango.\n \nCountry expansion\n \nDuring September and October 2013, Bango completed int...

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