Korean telco KT selects the Digital Vending Machine® from Bango to power next-gen subscription bundles

Rhea-AI Summary

Bango PLC has secured a strategic partnership with KT, South Korea's major telecom provider, to implement its Digital Vending Machine (DVM) platform for subscription bundling services. This marks Bango's first significant DVM agreement in Korea, serving KT's 13.5 million customers. The partnership will enable KT to integrate various third-party services, particularly focusing on AI, language, and translation subscriptions. Through a single integration, KT gains access to Bango's global catalog of subscription services, allowing rapid deployment of new offers while providing insights for bundle optimization. The collaboration aligns with KT's vision of expanding its subscription platform into a global service hub, particularly emphasizing AI subscriptions as a key growth category in the subscription economy.

Positive

• First major Digital Vending Machine agreement in Korea, opening opportunities for expansion in East Asia
• Access to large customer base of 13.5 million KT subscribers
• Single integration provides access to global catalog of subscription services
• Partnership focuses on high-growth AI subscription market

Negative

• None.

AI subscription product among new services set to diversify and transform customer experiences

CAMBRIDGE, United Kingdom, June 12, 2025 (GLOBE NEWSWIRE) -- Bango PLC (AIM:BGO, OTCQX:BGOPF), the leader in subscription bundling, today announces a strategic partnership with KT, a leading telecommunications provider in the Republic of Korea, to deliver subscription services to its 13.5 million customers. Leveraging the Digital Vending Machine^® (DVM™) from Bango, KT customers will benefit from new and exciting subscription services. This is the first major DVM agreement for Bango in Korea, building momentum for further expansion into the East Asia telco market.

KT will use the Bango DVM to seamlessly integrate a wide array of third-party services into its subscriptions hub and its customer bundled offers. This will include AI, language and translation subscriptions - responding to the rising consumer appetite for next-generation digital experiences.

KT is leading the development of AI solutions across telecommunications and other industry sectors in the Republic of Korea. With AI subscriptions emerging as a standout category in the fast-evolving subscription economy, KT is now extending that vision to give customers access to groundbreaking AI services that enhance productivity, creativity, and learning, all through the Bango DVM.

The Bango DVM simplifies the complexity behind subscription bundling, transforming a traditionally technical and operational challenge into a seamless, scalable business model. With a single integration, KT gains access to a growing global catalog of subscription services. New offers can be deployed quickly and flexibly, giving customers access to the latest services while providing KT with deep insights to personalize and optimize bundles over time.

“This collaboration will be a turning point for KT’s subscription platform to expand as a global subscription service hub,” said Younggeol Kim, Head of KT’s Service Product Division. “We want to meet the evolving needs of our users, whether that’s the latest entertainment or cutting-edge AI subscriptions, and the Digital Vending Machine from Bango gives us the agility to do exactly that.”

“KT is a leader in its field and now, also in the subscription space, taking bold steps to offer customers a wide and modern mix of digital services,” said Paul Larbey, CEO of Bango. “With the Bango DVM, they can move faster, launch smarter, and deliver the high-demand subscriptions people are asking for, from SVOD to AI.”

About Bango

Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine^® is driving the rapid growth of the subscription economy, powering choice and control for subscribers.

The world's largest content providers, including Amazon, Google and Microsoft trust Bango technology to reach subscribers everywhere.

Bango, where people subscribe. For more information, visit www.bango.com

Media contact:

Anil Malhotra, CMO, Bango
anil@bango.com
Tel: +44 7710 480 377

FAQ

What is the partnership between Bango (BGOPF) and KT about?

Bango and KT have partnered to implement Bango's Digital Vending Machine platform for delivering subscription services to KT's 13.5 million customers, focusing on AI, language, and translation subscriptions.

How many customers will Bango's DVM platform reach through the KT partnership?

The partnership will reach KT's customer base of 13.5 million subscribers in South Korea.

What types of subscriptions will be offered through Bango's DVM platform on KT?

The platform will offer various third-party services, with a focus on AI, language, and translation subscriptions, along with other digital services.

What is Bango's Digital Vending Machine (DVM)?

The Digital Vending Machine is Bango's platform that simplifies subscription bundling, allowing single integration access to a global catalog of subscription services with quick deployment capabilities and optimization insights.

How does this partnership impact Bango's presence in Asia?

This is Bango's first major DVM agreement in Korea, representing a strategic expansion into the East Asian telco market.