Bango (BGO)

Sector:

IT Services

Index:

FTSE AIM All-Share

129.00p
   
  • Change Today:
      8.50p
  • 52 Week High: 214.00p
  • 52 Week Low: 95.60p
  • Currency: UK Pounds
  • Shares Issued: 76.81m
  • Volume: 321,329
  • Market Cap: £99.08m
  • RiskGrade: 277

Bango inks deal with streaming giant Spotify

By Josh White

Date: Tuesday 13 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Mobile commerce company Bango has entered into a business partnership with music streaming giant Spotify, it announced on Tuesday, in a bid to increase access to the audio streaming subscription service.
The AIM-traded firm said the partnership would allow Spotify to make its streaming service available for operators worldwide to bundle with mobile and fixed subscription plans, potentially allowing for millions more customers.

It said the partnership would enable customers to select a Spotify subscription bundled with their mobile plan, or as a bolt-on.

Bango Resale technology would deliver a single solution, the board explained, enabling Spotify to reach new customers and ensure active customers enjoyed "seamless access" to the service.

In addition, Bango claimed its data insights would support the targeting of specific customers with new offers, to generate higher customer adoption.

"Bango is delighted that Spotify, the global leader in audio streaming subscription services, is now benefiting from intelligent Bango Resale technology to attract new customers,said Bango chief executive officer Ray Anderson.

"Bango is excited to support its goal to unlock the potential of human creativity by reaching out to more customers across the world."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Bango Market Data

Currency UK Pounds
Share Price 129.00p
Change Today 8.50p
% Change 7.05 %
52 Week High 214.00p
52 Week Low 95.60p
Volume 321,329
Shares Issued 76.81m
Market Cap £99.08m
RiskGrade 277

Bango Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
56.88% below the market average56.88% below the market average56.88% below the market average56.88% below the market average56.88% below the market average
38.27% below the sector average38.27% below the sector average38.27% below the sector average38.27% below the sector average38.27% below the sector average
Price Trend
61.78% below the market average61.78% below the market average61.78% below the market average61.78% below the market average61.78% below the market average
62.64% below the sector average62.64% below the sector average62.64% below the sector average62.64% below the sector average62.64% below the sector average
Income Not Available
Growth
2.29% below the market average2.29% below the market average2.29% below the market average2.29% below the market average2.29% below the market average
12.94% above the sector average12.94% above the sector average12.94% above the sector average12.94% above the sector average12.94% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Bango Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
17:07 8,500 @ 129.00p
16:29 1,500 @ 130.65p
16:29 2,535 @ 129.39p
16:27 2,500 @ 130.00p
16:03 400 @ 130.00p

Bango Key Personnel

CEO Paul Larbey

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