Project UpdateAug 13, 2026, 04:11 PM
Akanda's FTF completes 200 km fiber network; 100 km now billing
AI Summary
Akanda Corp.'s subsidiary, First Towers & Fiber Corp. (FTF), announced the completion of its 200-kilometer fiber optic network installation in Mexico. The first 100 kilometers have been accepted by a client and entered the billing phase, with initial lease cash flow expected in August/September 2026. The remaining 100 kilometers are slated for client acceptance by December 2026, with the full network projected to achieve commercial run-rate cash flow by January 2027. This expansion includes a strategic focus on the Guanajuato region, enhancing FTF's telecommunications infrastructure and recurring revenue potential.
Key Highlights
- FTF completed physical installation of 200 km fiber optic network.
- First 100 km of fiber network accepted by client, entered billing phase.
- Initial lease cash flow from first 100 km expected August/September 2026.
- Remaining 100 km fiber scheduled for client acceptance by December 2026.
- Full 200 km network to reach commercial run-rate cash flow by January 2027.
- Strategic expansion into Guanajuato region, Irapuato–Silao corridor.
- FTF maintains 28 operational cellular tower sites.
Price Impact
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