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Akanda Corp. is adding up to 20 new telecom towers in Mexico by year-end as part of a $7 billion national digital initiative.
Akanda Corp. (NASDAQ: AKAN), via its subsidiary First Towers & Fiber, is adding up to 20 new telecom towers in Mexico by year-end, expanding its network as part of the country’s $7 billion national telecom initiative.
The company operates 30 towers and a 700-kilometer dark-fiber network, supported by long-term leases and partnerships with key players like Altán and CFE.
The growth supports Mexico’s digital expansion, serving over 24 million people across more than 11,000 towers.
FTF’s focus on physical infrastructure and measurable progress has driven investor interest, with AKAN stock rising in October amid market volatility.
The expansion marks a strategic push to strengthen Mexico’s digital backbone and could extend to other Latin American markets.
Akanda Corp. está agregando hasta 20 nuevas torres de telecomunicaciones en México para finales de año como parte de una iniciativa digital nacional de $7 mil millones.