Global Telco Consult (GTC) Acquires Oofty LLC to Add Digital Identity to Its Already Impressive Telco Consultancy Portfolio

MUNICH, GERMANY. 11th January 2024 - Global Telco Consult (GTC), an independent leading player in telecom and A2P messaging consultancy, is proud to announce the majority stake acquisition of Oofty LLC. Based in Los Angeles and specializing in Digital Identity within the telecom sector, Oofty LLC brings an impressive track record of expertise, seamlessly complementing GTC's already impressive telco consultancy portfolio. This strategic move marks GTC's commitment to expanding its expertise, influence, and geographical footprint to become the most trusted telecom consultancy venue worldwide.

In announcing this acquisition, José García, founder and CEO of GTC, says:

"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."

With this merger, GTC is fortifying its expertise and acknowledging the evolving messaging landscape. As A2P messaging grows more intricate, with a focus on authentication and the introduction of new services, telcos are bound to play a critical role in the consumer's digital journey by creating seamless mobile identity experiences. 

GTC's expanded portfolio now positions it as a holistic partner, ensuring telcos navigate the complexities of this shifting terrain, delivering unparalleled value to their clientele.

“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,” said Guillaume Bourcy, founder of Oofty LLC.

Bourcy added: “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.” 

Following this acquisition, Guillaume Bourcy will take on the role of Chief Identity Officer as he joins GTC as a new partner. The rest of the Oofty team will undergo a seamless transition into GTC's team over the upcoming weeks.

Learn more about GTC’s Mobile Identity Consultancy Services.

ENDS

About Global Telco Consult

Global Telco Consult (GTC) is a distinguished A2P business messaging consultancy specializing in launching, optimizing, and accelerating messaging services. With expertise in telecommunications consultancy, GTC extends its reach into M&A, human resources, and digital identity solutions. Tailoring strategies for Enterprises, Messaging Service Providers, Operators, and Voice Carriers, GTC is a trusted partner for comprehensive telco consultancy, delivering unparalleled insights and solutions in the telecommunications landscape.

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