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Stock impact report

First Towers & Fiber Corp. Owns the Largest Dark Fiber Network in Central Mexico [Yahoo! Finance]

Akanda Corp. (AKAN) 
Company Research Source: Yahoo! Finance
Corp. ("FTF" or the "Company"), an emerging telecommunications infrastructure developer in Mexico, announced today plans to further expand the leasing of its approximately 700-kilometre dark fiber optic network located in Central Mexico. The network represents the largest dark fiber infrastructure in the region, serving several of Mexico's most active industrial corridors and fastest-growing state economies. The network was constructed following the execution of a 20-year long-term dark fiber lease agreement with Telefónica, the Spanish multinational telecommunications company, which serves as the Company's anchor tenant and currently leases two fiber pairs on the network. FTF also leases dark fiber capacity to Marcatel, a rapidly growing telecommunications provider in Mexico. The network was designed with scalability and redundancy to support multiple additional tenants and incremental leasing opportunities, allowing the Company to increase recurring revenue with limited incremen Show less Read more
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