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Bango sets out growth strategy after appointment of former Nokia executive

Bango plc (LON:BGO) shares jumped in early deals last week after it appointed Paul Larbey, a former executive from Finnish telecoms giant Nokia, as its new chief operating officer. Bango boss Ray Anderson tells Proactive London why the appointment represents a massive vote of confidence for the company from a proven industry heavyweight. Larbey joins Bango from his previous role as chief executive of streaming technology group Velocrix, which he led through its integration with French telecoms firm Alcatel-Lucent before it was acquired by Nokia in 2016, after which in 2018 he led Velocrix’s spin-out from the firm into a pure-play streaming company.

Quick facts: Bango PLC

Price: 89.5 GBX

Market: LSE
Market Cap: £63.27 m

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on 22/11/19

2 min read