Tuesday, 27 June 2017

Bango buys BilltoMobile from Danal for U.S. carrier billing boost

By Total Telecom staff
Monday 09 May 16

App store carrier billing specialist says it is 'only' processor of carrier billing transactions across all four major U.S. MNOs.

Bango, the app store carrier billing specialist, has acquired BilltoMobile, the U.S.-based carrier billing services of Danal, for $3.5 million initially in order to expand its position in the U.S. market. A deferred payment of about $35,000 may become payable in cash in Q1 2017 depending on the performance of one revenue stream. In addition, Bango will pay certain fees in connection with the acquisition…

Bango, the app store carrier billing specialist, has acquired BilltoMobile, the U.S.-based carrier billing services of Danal, for $3.5 million initially in order to expand its position in the U.S. market. A deferred payment of about $35,000 may become payable in cash in Q1 2017 depending on the performance of one revenue stream. In addition, Bango will pay certain fees in connection with the acquisition…

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