Timur Turluov buys the company "TransTelecom"

Timur Turlov, founder of Freedom Holding Corp., is initiating the process of acquiring the telecommunications company TransTelecom.

On December 11, 2025, shareholders of TransTelecom approved an updated board of directors, a move linked to the upcoming transaction. The parties have agreed on key terms of the purchase and are proceeding to obtain necessary regulatory approvals.

Kaspars Kukelis and Timur Isakov from Unit Telecom LLP have joined the new board of directors. The terms of former board chairman Dmitry Pokupatelev and independent director Vyacheslav Anikhovsky were terminated early. Nurlan Aryngaziyev has become the new chairman of the board, while also serving as an independent director. Suienish Abdildin was elected chairman of the management board and a member of the board, and Berik Ötemurat was appointed as a board member and independent director.

Recall that Freedom Holding Corp. already owns the telecom operator Freedom Telecom, which entered the market in 2023. The company plans for the operator to become profitable starting in 2027, with total capital expenditures of approximately $650 million over five years.

Source: kapital.kz