TMCnet News
BANGO Inks Global Agreement With Samsung Electronics; Stock Up(dpa-AFX International Compact Via Acquire Media NewsEdge) SEOUL (dpa-AFX) - Bango (BGO.L), a mobile payments company, has signed a global agreement with Samsung Electronics Co., Ltd.(SMSN.L, SSNNF.OB, SSNLF.OB), one of the world's largest technology companies and the world's leading smartphone manufacturer. Under the terms of the agreement, Bango will provide carrier billing, collection and settlement for digital content - such as games, e-books, music and videos - purchased through the Samsung Galaxy Apps app store. Bango said the roll-out across a wide range of countries will begin immediately, and it will provide an update on progress in due course. The stock climbed 8.3 percent in early morning trading to 103.40 pence. Copyright RTT News/dpa-AFX |