Akanda Subsidiary Plans Major Dark Fiber Network Expansion in Central Mexico

summarizeSummary

Akanda Corp.'s subsidiary, First Towers & Fiber Corp., announced plans to expand leasing of its 700-kilometer dark fiber network, the largest in Central Mexico, to secure additional recurring revenue.

check_boxKey Events · M&A and Partnerships · AKAN

• Subsidiary to Expand Dark Fiber Leasing

  Akanda's 100% owned subsidiary, First Towers & Fiber Corp. (FTF), announced plans to expand the leasing of its approximately 700-kilometer dark fiber optic network in Central Mexico.

• Largest Network in Central Mexico

  The network is described as the largest dark fiber infrastructure in the region, serving active industrial corridors and fast-growing state economies.

• Significant Available Capacity

  The network has 24 available fiber pairs, with anchor tenant Telefónica leasing two pairs on a 20-year agreement, leaving substantial capacity for additional customers.

• Strategy for Recurring Revenue

  FTF aims to pursue additional dark fiber lease agreements starting in 2026, leveraging existing infrastructure for increased recurring revenue with limited incremental capital investment.

auto_awesomeAnalysis · AKAN · Life Sciences

This filing provides a positive operational update for Akanda, highlighting a significant asset owned by its subsidiary, First Towers & Fiber Corp. Amidst recent highly dilutive financing activities, the plan to expand leasing of the largest dark fiber network in Central Mexico offers a potential path to increased recurring revenue without substantial new capital investment. The existing long-term lease with Telefónica and additional capacity with Marcatel demonstrate a proven business model, and the pursuit of new agreements in 2026 could improve the company's financial outlook by leveraging existing infrastructure.