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StocksMedium•21 April 2026•

1 min read

Bango Secures New Carrier Billing Mandates in Hong Kong and Latvia

Key Facts

1Bango PLC won two new direct carrier billing mandates in Hong Kong and Latvia, displacing incumbent providers.

2The new clients are Telin (a unit of PT Telekomunikasi Indonesia) in Hong Kong and LMT in Latvia.

Bango PLC has secured two new direct carrier billing (DCB) mandates in Hong Kong and Latvia, successfully displacing incumbent providers through competitive tender processes. The new partnerships involve Telin, a subsidiary of PT Telekomunikasi Indonesia operating in Hong Kong, and LMT in Latvia. Under these agreements, Bango will manage payment methods for app store users, streamlining digital transactions for mobile subscribers. This expansion highlights Bango's competitive edge in the fintech sector and its ability to win market share from established rivals. The move is expected to bolster the company's revenue-generating network within the global telecommunications landscape. Investors view this development as a positive indicator of Bango's growing influence in the digital payments ecosystem.