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Stock impact report

Akanda To Accelerate Recurring Revenue with Expansion Of Up To 20 New Cellular Towers [Yahoo! Finance]

Akanda Corp. (AKAN) 
Company Research Source: Yahoo! Finance
Towers & Fiber Corp. ("FTF" or the "Company"), an emerging telecommunications infrastructure developer in Mexico, announced today a major network expansion initiative with the construction of new cellular towers within the proximity of its existing tower network. The Company plans to construct and/or acquire up to 20 new or existing towers/sites by the end of 2025. The expansion is a strategic investment designed to strengthen coverage, increase network capacity, and generate long-term revenue for the company. This initiative builds on FTF's existing portfolio of 30 operational revenue generating towers and 700-kilometer dark fiber network, helping to solidify its position as an emerging player in Mexico's largest telecommunications projects. Each additional tower is expected to drive incremental cash flow, enhance network utilization, and provide scalable infrastructure for existing partnerships. "Expanding our tower network is a clear step in executing our growth strategy," said Show less Read more
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