- Bango (AIM: BGO, OTCQX: BGOPF) partners with Korea's KT to implement the Digital Vending Machine platform.
- The partnership reaches KT's 13.5 million customers, focusing on AI, language, and translation subscriptions.
- This marks Bango's first major DVM agreement in Korea, aligning with its expansion into the East Asian telco market.
Bango PLC, a leading provider in the subscription bundling market, has announced a strategic partnership with KT, a major telecommunications provider in South Korea. This collaboration involves the deployment of Bango's Digital Vending Machine (DVM) platform, serving KT's extensive customer base of 13.5 million subscribers.
This partnership allows KT to seamlessly integrate a variety of third-party services into its subscription offerings, with a specific emphasis on high-demand sectors such as AI, language, and translation subscriptions. By leveraging Bango's comprehensive global catalog of subscription services, KT can rapidly roll out new offerings while optimizing bundle configurations based on consumer insights.
The introduction of the Digital Vending Machine simplifies the complexities traditionally associated with subscription bundling. Through a single integration, KT gains access to a scalable business model that enhances productivity, creativity, and learning, embodying KT's vision of becoming a global subscription service hub.
Younggeol Kim, Head of KT’s Service Product Division, expressed that the partnership will significantly enhance KT's capacity to meet evolving user demands, ranging from entertainment to AI services. Paul Larbey, CEO of Bango, highlighted the partnership as a breakthrough for Bango in the East Asian market, empowering KT to swiftly and effectively deliver in-demand digital subscriptions to its customers.
