DENVER, Colo. (247marketnews.com) -- Akanda (NASDAQ:AKAN) is beginning to move its telecommunications infrastructure business from buildout to monetization, with 200 kilometers of fiber now physically installed and the first 100 kilometers already accepted by a network-provider customer and entering the billing phase.
Through its wholly owned First Towers & Fiber Corp. (FTF), Akanda now operates 28 cellular tower sites, all fully operational and radiating signal. The company's strategy is centered on passive infrastructure, owning and leasing the physical assets that network operators need rather than competing with them as a carrier.
The bigger development, however, is the fiber network.
FTF has completed installation of 200 kilometers of fiber optic infrastructure in Mexico, with the first 100 kilometers formally accepted by a network-provider client. Initial lease cash flow is expected to begin in August/September 2026.
The remaining 100 kilometers are scheduled for client acceptance by December 2026, with the company projecting the entire 200-kilometer network to reach full commercial run-rate cash flow beginning in January 2027.
That creates an important potential transition for Akanda: from spending on infrastructure deployment to generating recurring revenue from infrastructure already built.
“This update reflects the steady execution of our fiber and tower strategy in Mexico,” said Chris Cooper, President of FTF. “Completing installation on the full 200-kilometer network, and bringing the first half into billing, is a meaningful step toward the recurring revenue growth we've been building toward.”
The geographic expansion could also prove strategically important.
The new fiber network extends FTF into Guanajuato, specifically the Irapuato-Silao industrial corridor. That region gives the company exposure to an important industrial market while expanding its relationship footprint with telecommunications and technology providers.
The bullish argument for AKAN is therefore becoming less about an infrastructure company planning to build assets and more about an infrastructure company beginning to monetize deployed assets.
If the first 100 kilometers begin producing lease revenue as expected and the remaining 100 kilometers enter service on schedule, Akanda could have a substantially larger recurring-revenue base heading into 2027.
There is also a potentially attractive scalability element. Fiber and tower infrastructure can create recurring lease economics once deployed, meaning additional network providers and additional infrastructure could potentially build upon the same regional footprint.
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