Warning (2): fopen(/var/www/vhosts/proactiveinvestors.com/httpdocs/app/tmp/cache/models/cake_model_default_settings) [function.fopen]: failed to open stream: No such file or directory [CORE/cake/libs/file.php, line 156]
Proactive Investors NA - News Corp subsidiary Fox Mobile signs mobile web services deal with Bango

Proactive investorsLogo Proactive Investors UK Website

Search field

1 year chart

digital-look imported chart image

1 day chart

digital-look imported chart image
Additional information
Additional Information
Market: AIM
Sector: Software
Epic: BGO
News: Latest news
Web Site: Bango
Other Articles:

RSS - Subscribe to the News Today on Proactive UK ▼

Tuesday February 09, 08:53Mediterranean Oil & Gas doubles proven and probable reserves for Ombrina Mare to 40 mmbbls

The good news gave a welcome boost to the group's share price, sending the stock up nearly 15 percent in early trade.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive AU ▼

Monday February 08, 10:19Western Uranium one to watch in manganese exploration in 2010

If BHP Billiton and Anglo American Corp's, Groote Eylandt Mining Company world class manganese mine is anything to go by, then Western Uranium's adjacent tenements look very interesting.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday February 08, 02:53Chindex International reports increasing medical and healthcare revenues

Healthcare products and services group Chindex International (NASDAQ: CHDX) reported increasing revenues as it continued to expand its operations in the People’s Republic of China (PRC).

FULL ARTICLE ►
Bango

Bango

Bango Plc (Bango) is an investment holding company engaged in the development, marketing and sale of technology to enable mobile phone users to choose and purchase services, games, pictures, videos, music and ringtones on their mobile phones.

Monday, November 23, 2009

News Corp subsidiary Fox Mobile signs mobile web services deal with Bango

company news image

Mobile web payments and analytics company Bango (AIM: BGO) has entered into a multi-territory agreement with Fox Mobile Group to provide it with its mobile web building platform services worldwide.

Fox Mobile Group is a part of News Corp Digital Media, the interactive media division of Rupert Murdoch’s News Corporation (NASDAQ: NWSA), which owns and controls the Fox Broadcasting Company. News Corp Digital Media also includes Beliefnet, MySpace, Fox Audience Network, IGN Entertainment and Photobucket. Fox Mobile Group was known as Jampa before being acquired by News Corp in October 2008.


The company said the agreement was a result of the rapid growth of internet usage from mobile devices, which prompts publishers and content owners to focus on content delivery through mobile web sites.


“We are pleased to work with Fox Mobile Group to help provide more efficient mobile web billing and an even better user experience... Bango's mobile web billing platform technology is designed to give Fox Mobile Group's customers the best possible payment experiences with their phone,” said Chief Executive of Bango Ray Anderson.


Bango payment is optimised across the range of mass market and smart phones, providing standardized payment options for mobile phone users. Bango billing is designed to deliver the highest available conversion rates through its technology and network operator relationships, allowing users to pay on mobile devices, connecting through their operator network or Wi-Fi and other routes such as BlackBerry RIM data networks. Other payment methods such as through credit cards and PayPal are provided by Bango when operator billing can not be used.


Bango announced a contract win with Turner Broadcasting System, a part of the Time Warner conglomerate, last month.


The company announced the first Wi-Fi enabled operator billing service for smartphones back in July, targeting the growth base of smartphone devices like Blackberry and iPhone, which often connect to the web through Wi-Fi, bypassing the mobile network operators. Bango’s on-bill payment capability prevents users from getting redirected to credit card payment processes, leading to lower conversion rates and lost sales for content providers. Bango said its on-bill payment capability delivered up to 25% more sales and enabled both operators and content providers to capture revenues from this growing customer segment.


Shares in the company added 2.5% on the news today and have risen by almost a third over the past six months.

AddThis Feed Button
Register here to be notified of future Bango articles.

Investors interested in Bango recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.