Global Telco Consult (GTC), an esteemed independent player in the telecom and A2P messaging consultancy arena, proudly announces its acquisition of a majority stake in Oofty LLC. Based in Los Angeles, Oofty LLC specialises in Digital Identity within the telecom sector, bringing a wealth of expertise that enriches GTC’s extensive telco consultancy services. This acquisition marks a key milestone in GTC’s mission to establish itself as the premier telecom consultancy globally.
Speaking on the acquisition, José García, founder and CEO of GTC, noted:
“While messaging is still the predominant technology for verifying the identity of users, authentication requires solutions beyond legacy options such as user credentials or one-time passwords. Hence, our key strategic objective is to integrate Mobile Identity technologies into GTC’s existing consultancy portfolio by acquiring US-based Oofty LLC. I want to thank Guillaume and his team for their trust and effort in turning this vision into a reality.”
This acquisition signifies GTC’s recognition of the changing landscape in A2P messaging and authentication. By incorporating Oofty LLC’s expertise, GTC is poised to guide telcos through the intricacies of digital identity, fostering seamless mobile identity experiences for consumers.
Guillaume Bourcy, founder of Oofty LLC, shared his views on the merger:
“Through this majority stake acquisition from GTC, we see this as a clear signal towards the telcos market; they need to expand their footprint to create a safer digital experience and journey for enterprises and their consumers. This marks a multimillion-dollar investment commitment aimed at empowering our combined customer base, enabling their expansion, and positioning them to seize the $49.6 billion digital identity market opportunity by 2026.”
Bourcy further stated, “In collaboration with GTC’s executive team, we have found common ground and shared a unified market perspective; we want to help customers on both sides to benefit directly from this merger.”
Guillaume Bourcy will join GTC as the Chief Identity Officer and a new partner in the wake of this acquisition. The Oofty team is set to join GTC’s team, ensuring a smooth transition in the upcoming weeks.
For more information about GTC’s Mobile Identity Consultancy Services, please refer to their official website.
