Optare Solutions

Optare Solutions is a leading consultancy firm in the telecommunications sector specialising in providing innovative and customised solutions for operators. During more than twenty years, it has executed more than 2,000 projects in more than 25 countries and has collaborated with more than 30 telecommunications operators.

According to CEO Luis Álvarez-Sestelo, "We focus on network optimisation, customer experience management and advanced analytics, helping our customers achieve operational excellence and stay competitive in an evolving marketplace”. To this end, the company has nearly 150 professionals and a presence in Spain, Portugal and Mexico, as well as teams in Colombia and Poland.

International expansion and development

Optare Solutions has been listed on the BME Growth market (BME: OPTS) since October 2024, which, according to its CEO, "opens up new opportunities for our international expansion and development". 

It recently acquired the Mexican company Cinko Shared Service Center, which received support from COFIDES through a Euros 238,000 loan from the Fund for SME Foreign Investment Operations (FONPYME) and COFIDES's own resources. The project seeks to "reinforce our service offering" and "strengthen our presence in a such a key market as Mexico". 

"Our experience with COFIDES has been extremely positive. Its support has been fundamental to our growth strategy in Latin America. It has proven to be a partner committed to innovation and technology, which are essential to addressing the challenge of digitalisation"

Luis Álvarez-Sestelo, CEO of Optare Solutions

Optare Solutions puts people at the people at the heart of innovation and sustainable development. "We firmly believe that, working as a team, we can build a sustainable future through responsible actions for the common good," says the CEO.

“In a company of these characteristics, the real competitive advantage lies in the talent of the company’s people, and at Optare they are perfectly aware of this. We value two aspects very highly. Firstly, despite being an SME, it is a major generator of high-quality jobs; and secondly, the decisive moment in which it finds itself, following its entry into the secondary market and the acquisition of a company in Mexico, with which it intends to take the company to the next level”

Miguel Villarroya, analyst for the transaction at COFIDES

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