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Akanda Corp ( (AKAN) ) has shared an announcement.
Akanda Corp., through its subsidiary First Towers & Fiber Corp., announced a significant expansion of its telecommunications infrastructure in Mexico on October 16, 2025. The company plans to construct or acquire up to 20 new cellular towers by the end of 2025, aiming to enhance network capacity and generate long-term revenue. This strategic move is expected to strengthen Akanda’s market position and support its growth strategy by meeting the increasing demand for mobile data and connectivity solutions in Mexico.
More about Akanda Corp
First Towers & Fiber Corp. is an emerging developer of telecommunications infrastructure in Mexico, specializing in cellular tower construction and dark fiber networks. The company partners with national carriers and technology providers to deliver scalable, reliable, and future-ready connectivity solutions, driving both commercial growth and digital inclusion.
Average Trading Volume: 838,420
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.62M
See more insights into AKAN stock on TipRanks’ Stock Analysis page.