Akanda unit adds 200 km Mexico dark fiber under IRU, secures USD 2 million cash flow

Reuters04-01

Akanda unit adds 200 km Mexico dark fiber under IRU, secures USD 2 million cash flow

Akanda expanded dark fiber network in Central Mexico through acquisition of about 200 kilometers, lifting total coverage to about 900 kilometers.
Transaction includes long-term IRU for 48-strand fiber expected to generate USD 2 million in contracted cash flow over 10 years.
Master lease structure includes five-year initial term with five-year renewal option.
Deal strengthens footprint in Mexico Bajío industrial corridor, supporting push to lease remaining strands to carriers, hyperscalers, multinational enterprises.
Akanda framed acquisition as first step in roll-up strategy for additional fiber asset transactions across Mexico.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Akanda Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-037156), on March 31, 2026, and is solely responsible for the information contained therein.

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