Freedom Telecom Worldwide (FTI), a subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), has signed a Strategic Cooperation Settlement with Nokia. As a primary step, Freedom Telecom Worldwide and Freedom Way of life Group will inaugurate an Innovation Lab at Nokia’s Sunnyvale, California campus within the coming months.
The preliminary focus is on designing next-generation AI information middle blueprints, conducting feasibility research in Kazakhstan and neighboring markets, and leveraging Nokia’s international ecosystem to scale cloud and AI-driven providers. FRHC, a diversified worldwide monetary providers group who intends to guide the area’s digital infrastructure buildout, views this cooperation key to comprehend this ambition and pave the way in which to additional joint tasks globally.
The transfer comes as Kazakhstan intensifies efforts to determine itself as a regional hub for synthetic intelligence, digital expertise, and sovereign cloud capabilities – domains which can be quickly turning into international benchmarks for financial competitiveness. Central Asia, traditionally underpenetrated in hyperscale infrastructure, is now drawing rising consideration from international expertise suppliers and worldwide buyers searching for new development corridors.
Timur Turlov, Founder & CEO of Freedom Holding Corp., commented: “Kazakhstan is investing closely in the way forward for cloud and AI, and international partnerships play an necessary position on this journey. Over the previous yr, we started collaborations with corporations like NVIDIA and OpenAI to assist speed up excessive efficiency computing, digital abilities, and fashionable AI infrastructure. Exploring alternatives with Nokia reinforces this course and helps us consider applied sciences and experience which can be vital for technological progress throughout our international footprint.”
Johannes Hummer, CEO of Freedom Telecom Worldwide, added: “This settlement is a vital milestone for Nokia and FTI as our mission contains crafting worldwide partnerships’ for Freedom Holding Corp. with Telcos and TechCo’s. The Innovation Lab in Sunnyvale will permit each groups to check concepts and be taught collectively. It marks the start of a journey targeted on innovation, collaboration, and long-term influence.”
The newly established Innovation Lab will function the venue to check and consider AI architectures, cloud applied sciences and superior networking options. Freedom Way of life Group will use the Innovation Lab to check AI-powered shopper providers throughout its e-commerce and well being tech companies together with chat and voice assistants, agentic AI techniques, and next-generation Superapp capabilities – and set up trials to see how Nokia’s infrastructure performs and will scale in a real-world surroundings.
Alexey Lee, CEO at Freedom Way of life Group, commented: “The Innovation Lab offers an necessary platform to advance our already established digital providers into their subsequent technology – leveraging AI to ship extra clever, personalised, and seamlessly built-in experiences throughout the Freedom ecosystem.”
By combining Nokia’s expertise with Freedom’s ecosystem play, international market entry and capital markets experience, the businesses are assessing unlock scalable digital infrastructure alternatives and assist the following section of digital growth worldwide.
Mikko Lavanti, Senior Vice President for Center East and Africa at Nokia, mentioned: “We stay up for working intently with the Freedom groups as they discover completely different approaches for cloud, AI initiatives, Way of life providers and past. I’m impressed by their readability of function and the dedication their workforce brings to this work. The geographies they take into account for future infrastructure enlargement are extremely promising. We recognize the sturdy engagement and hope to disclose alternatives the place Nokia really makes a distinction in superior connectivity and brings undisputed worth.”
About the Signing Events
Nokia is a worldwide chief in connectivity for the AI period. With experience throughout fastened, cellular, and transport networks, we’re advancing connectivity to safe a brighter world. To be taught extra about Nokia, go to nokia.com
Freedom Telecom Worldwide helps international companions in deploying and integrating Freedom Holding Corp’s portfolio of digital monetary and way of life providers. FTI additionally evaluates and executes funding alternatives within the telecom and fintech sectors, selling monetary and digital inclusion in rising and frontier markets.
Freedom Holding Corp. is a number one worldwide supplier of funding and brokerage providers throughout the markets of Central Asia, Americas, Europe and Center East with greater than 16 years of expertise in international monetary markets. The Holding’s shares are publicly traded on the NASDAQ inventory trade beneath the ticker FRHC with present market capitalization at USD 7.3 billion, and complete property amounting to USD 10.3 billion. The full variety of shoppers in its digital ecosystem exceeds 11 million.
Freedom Holding Corp. employs over 11,000 professionals who’re based mostly in 231 places of work in 22 nations, together with Kazakhstan, the US, the United Arab Emirates, Cyprus, Spain, France, Germany, Greece, Uzbekistan, and Armenia. The corporate’s principal govt workplace is situated in New York Metropolis.
To be taught extra about Freedom Telecom Worldwide, go to: freedomtelecominternational.com To be taught extra about Freedom Holding Corp., go to: freedomholdingcorp.com
Media Contacts: Freedom Telecom Worldwide: [email protected]
