Akanda’s First Towers & Fiber to Ramp Up Leasing of Central Mexico Dark Fiber Network
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Akanda Corp, through its subsidiary First Towers & Fiber Corp, operates the largest dark fiber optic network in Central Mexico, covering 700 km. The network is anchored by a 20-year lease with Telefónica and plans to expand leasing starting in 2026 to increase tenants and revenue. This expansion aims to meet rising connectivity demand and enhance Akanda's revenue mix. The company focuses on telecommunications infrastructure development, partnering with carriers to provide reliable connectivity solutions. Current market cap is $1.85M with a trading volume of 1,376,505.
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