Published on: January 18, 2018
Bundling technology launched in India
Bango has announced that it is providing resale and bundling technology for Amazon in India, enabling Bharti Airtel mobile customers to sign-up to Amazon Prime. The launch represents an expansion of the Bango Platform (“BP”) beyond Direct Carrier Billing (“DCB”), and also increases Bango’s exposure to a sizeable mobile and e-commerce market. The release contains no details on the contract terms and we make no changes to forecasts at this stage. Continuing Bango’s recent trend of contract wins with top-tier internet players, in our view the contract demonstrates the ongoing momentum in the Bango business and the versatility of the BP.