Akanda’s FTF Subsidiary Expands Mexican Fiber Network, Secures $2 Million in Long-Term Cash Flow
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The latest update is out from Akanda Corp ( (AKAN) ).
On March 26, 2026, Akanda Corp. announced that First Towers & Fiber Corp. expanded its dark fiber network in Central Mexico by about 200 kilometres, bringing total coverage to roughly 900 kilometres. The new 48‑strand fiber segment is backed by a long-term Indefeasible Right of Use agreement expected to generate about $2 million in contracted cash flow over 10 years from existing enterprise customers.
Management says the additional fiber strengthens FTF’s presence in the high-growth Bajío industrial region, enhances network density and resiliency, and provides a scalable backbone with low incremental operating costs. The deal marks the first in a pipeline of targeted acquisitions aimed at consolidating premium fiber assets across Mexico, supporting Akanda’s push to build a high-margin, cash-flow-generating digital infrastructure platform and increasing its appeal to strategic partners seeking exposure to Latin American connectivity growth.
More about Akanda Corp
Akanda Corp., listed on Nasdaq, operates through its wholly owned subsidiary First Towers & Fiber Corp., an emerging telecommunications infrastructure developer in Mexico. FTF focuses on building cellular towers and dark fiber networks, partnering with national carriers and technology providers to deliver scalable, high-capacity connectivity solutions across key industrial regions such as Central Mexico’s Bajío corridor.
Average Trading Volume: 959,467
Technical Sentiment Signal: Sell
Current Market Cap: $1.21M
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