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Bango selected by Telin and LMT to power DCB

In brief · summary, not quotable

Bango PLC has secured new Direct Carrier Billing agreements with Telin in Hong Kong and LMT in Latvia, both of which selected Bango through competitive tenders to power their services. These partnerships expand Bango's global payment network, particularly strengthening its position in app store billing by supporting four of the five mobile operators in Hong Kong offering Google Play DCB and migrating LMT's existing Google Play DCB service. The company highlights that these wins demonstrate the platform's performance and scalability, reinforcing its role as a leader in carrier billing for telcos seeking to maximize revenue and simplify operations.

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Cambridge, UK, 21 April 2026 - Bango (AIM: BGO), announces Direct Carrier Billing (DCB) agreements with two new mobile operator partners: Telin (Hong Kong), a subsidiary of PT Telekomunikasi Indonesia (Telkom), and LMT (Latvia), the country's largest operator.

Both operators have selected Bango following competitive tender processes, migrating their existing DCB services from incumbent providers to the Bango platform.

These agreements further strengthen the Bango global payments footprint and reinforce its position as a leading provider of Direct Carrier Billing for app stores.

The addition of Telin means Bango will support four of the five mobile operators in Hong Kong offering Direct Carrier Billing for Google Play. Telin serves a unique and important segment of the Hong Kong market, including Indonesian migrant workers, who represent one of the largest ethnic minority groups and rely heavily on SIM-based payments due to limited access to traditional banking services.

In Latvia, LMT has offered Direct Carrier Billing on Google Play since 2017 and will now transition its service to Bango, enhancing performance and scalability for future growth.

These partnerships extend the Bango global network, strengthening its ecosystem and enabling the business to scale payments and subscription bundling services across a growing base of partners.

Wayne Griffiths, COO at Bango, said: "Winning these deals through competitive tenders demonstrates the strength of the Bango platform and our ability to deliver superior performance at scale. Telcos continue to recognize the value of partnering with a global leader in carrier billing to maximize conversion, simplify operations and unlock new revenue opportunities. We are delighted to welcome both Telin and LMT to Bango and look forward to supporting their continued growth."

Engage with the Bango management team directly by asking questions, watching video summaries and seeing what other shareholders have to say. Navigate to our interactive Investor hub here: https://bangoinvestor.com/link/Pmdpar

Bango PLC Paul Larbey, CEO Matt Wilson, CFO+44 1223 617 387
Singer Capital Markets (Nominated Adviser & Joint Broker) Jen Boorer Daniel Ingram Carl Diebitsch+44 20 7496 3000
Canaccord Genuity (Joint Broker) Simon Bridges Harry Gooden George Grainger+44 (0)20 7523 8000

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Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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