Bango PLC has secured a strategic partnership with KT, South Korea's major telecom provider, to implement its Digital Vending Machine (DVM) platform for subscription bundling services. This marks Bango's first significant DVM agreement in Korea, serving KT's 13.5 million customers. The partnership will enable KT to integrate various third-party services, particularly focusing on AI, language, and translation subscriptions. Through a single integration, KT gains access to Bango's global catalog of subscription services, allowing rapid deployment of new offers while providing insights for bundle optimization. The collaboration aligns with KT's vision of expanding its subscription platform into a global service hub, particularly emphasizing AI subscriptions as a key growth category in the subscription economy.
Bango PLC ha siglato una partnership strategica con KT, il principale operatore di telecomunicazioni della Corea del Sud, per implementare la sua piattaforma Digital Vending Machine (DVM) per i servizi di abbonamento bundling. Questo rappresenta il primo importante accordo DVM di Bango in Corea, servendo i 13,5 milioni di clienti di KT. La collaborazione permetter脿 a KT di integrare vari servizi di terze parti, con un focus particolare su abbonamenti legati all'IA, alla lingua e alla traduzione. Attraverso una singola integrazione, KT avr脿 accesso al catalogo globale di servizi in abbonamento di Bango, consentendo un rapido lancio di nuove offerte e fornendo dati per ottimizzare i bundle. Questa partnership 猫 in linea con la visione di KT di espandere la propria piattaforma di abbonamenti in un hub di servizi globale, con una particolare attenzione agli abbonamenti IA come categoria chiave di crescita nell'economia degli abbonamenti.
Bango PLC ha asegurado una alianza estrat茅gica con KT, el principal proveedor de telecomunicaciones de Corea del Sur, para implementar su plataforma Digital Vending Machine (DVM) para servicios de suscripci贸n agrupados. Este es el primer acuerdo importante de DVM de Bango en Corea, atendiendo a los 13,5 millones de clientes de KT. La asociaci贸n permitir谩 a KT integrar diversos servicios de terceros, enfoc谩ndose especialmente en suscripciones de IA, idiomas y traducci贸n. A trav茅s de una 煤nica integraci贸n, KT tendr谩 acceso al cat谩logo global de servicios de suscripci贸n de Bango, facilitando el despliegue r谩pido de nuevas ofertas y proporcionando informaci贸n para optimizar los paquetes. La colaboraci贸n est谩 alineada con la visi贸n de KT de expandir su plataforma de suscripci贸n hacia un centro de servicios global, con especial 茅nfasis en las suscripciones de IA como una categor铆a clave de crecimiento en la econom铆a de suscripciones.
Bango PLC a conclu un partenariat strat茅gique avec KT, le principal fournisseur de t茅l茅communications en Cor茅e du Sud, pour d茅ployer sa plateforme Digital Vending Machine (DVM) d茅di茅e aux services d鈥檃bonnement group茅s. Il s鈥檃git du premier accord DVM majeur de Bango en Cor茅e, couvrant les 13,5 millions de clients de KT. Ce partenariat permettra 脿 KT d鈥檌nt茅grer divers services tiers, en mettant particuli猫rement l鈥檃ccent sur les abonnements li茅s 脿 l鈥橧A, aux langues et 脿 la traduction. Gr芒ce 脿 une int茅gration unique, KT aura acc猫s au catalogue mondial de services d鈥檃bonnement de Bango, facilitant le d茅ploiement rapide de nouvelles offres et fournissant des donn茅es pour optimiser les bundles. Cette collaboration s鈥檌nscrit dans la vision de KT d鈥櫭﹖endre sa plateforme d鈥檃bonnement en un hub de services global, avec une attention particuli猫re port茅e aux abonnements IA comme cat茅gorie cl茅 de croissance dans l鈥櫭ヽonomie de l鈥檃bonnement.
Bango PLC hat eine strategische Partnerschaft mit KT, dem f眉hrenden Telekommunikationsanbieter S眉dkoreas, geschlossen, um seine Digital Vending Machine (DVM)-Plattform f眉r Abonnement-B眉ndelungsdienste einzuf眉hren. Dies ist Bangos erster bedeutender DVM-Vertrag in Korea und bedient die 13,5 Millionen Kunden von KT. Die Partnerschaft erm枚glicht es KT, verschiedene Drittanbieterdienste zu integrieren, wobei der Fokus besonders auf Abonnements f眉r KI, Sprache und 脺bersetzung liegt. Durch eine einzige Integration erh盲lt KT Zugang zum globalen Katalog von Bango f眉r Abonnementdienste, was eine schnelle Einf眉hrung neuer Angebote erm枚glicht und Einblicke zur Optimierung der B眉ndel liefert. Die Zusammenarbeit entspricht KTs Vision, seine Abonnementplattform zu einem globalen Service-Hub auszubauen, wobei KI-Abonnements als wichtiger Wachstumstreiber in der Abonnementwirtschaft besonders betont werden.
Positive
First major Digital Vending Machine agreement in Korea, opening opportunities for expansion in East Asia
Access to large customer base of 13.5 million KT subscribers
Single integration provides access to global catalog of subscription services
Partnership focuses on high-growth AI subscription market
Negative
None.
AI subscription product among new services set to diversify and transform customer experiences
CAMBRIDGE, United Kingdom, June 12, 2025 (GLOBE NEWSWIRE) -- Bango PLC (AIM:BGO, OTCQX:BGOPF), the leader in subscription bundling, today 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庐 (DVM鈩�) 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.
鈥淭his collaboration will be a turning point for KT鈥檚 subscription platform to expand as a global subscription service hub,鈥� said Younggeol Kim, Head of KT鈥檚 Service Product Division. 鈥淲e want to meet the evolving needs of our users, whether that鈥檚 the latest entertainment or cutting-edge AI subscriptions, and the Digital Vending Machine from Bango gives us the agility to do exactly that.鈥�
鈥淜T 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,鈥� said Paul Larbey, CEO of Bango. 鈥淲ith the Bango DVM, they can move faster, launch smarter, and deliver the high-demand subscriptions people are asking for, from SVOD to AI.鈥�
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庐 is driving the rapid growth of the subscription economy, powering choice and control for subscribers.
The world's largest content providers, including Amazon, Google and Microsoft trust Bango technology to reach subscribers everywhere.
Bango, where people subscribe. For more information, visit
What is the partnership between Bango (BGOPF) and KT about?
Bango and KT have partnered to implement Bango's Digital Vending Machine platform for delivering subscription services to KT's 13.5 million customers, focusing on AI, language, and translation subscriptions.
How many customers will Bango's DVM platform reach through the KT partnership?
The partnership will reach KT's customer base of 13.5 million subscribers in South Korea.
What types of subscriptions will be offered through Bango's DVM platform on KT?
The platform will offer various third-party services, with a focus on AI, language, and translation subscriptions, along with other digital services.
What is Bango's Digital Vending Machine (DVM)?
The Digital Vending Machine is Bango's platform that simplifies subscription bundling, allowing single integration access to a global catalog of subscription services with quick deployment capabilities and optimization insights.
How does this partnership impact Bango's presence in Asia?
This is Bango's first major DVM agreement in Korea, representing a strategic expansion into the East Asian telco market.
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