Akanda Expands Fiber Network by 200 km, Secures $2M in 10-Year IRU Cash Flow
Akanda’s First Towers & Fiber Corp. added 200 kilometres of 48-strand dark fiber, boosting its Central Mexico network to approximately 900 kilometres. The acquisition is backed by a 10-year IRU agreement expected to generate about $2.0 million of contracted cash flow from enterprise customers.
1. Network Expansion Details
First Towers & Fiber Corp. extended its dark fiber footprint by 200 kilometres, bringing total coverage to roughly 900 kilometres across the Bajío and adjacent Central Mexico regions with 48-strand infrastructure.
2. Secured IRU Agreement Terms
The newly acquired fiber is under a long-term Indefeasible Right of Use contract spanning ten years with a five-year initial term and a five-year renewal option, generating approximately $2.0 million of predictable cash flow.
3. Strategic Impact in Bajío Corridor
The expanded network targets one of Mexico’s fastest-growing industrial hubs, enhancing carrier-grade connectivity for manufacturing, logistics, and multinational enterprises while leveraging low operating costs and high incremental margins.
4. Pipeline for Future Acquisitions
This transaction marks the first in a disciplined roll-up strategy to consolidate premium fiber assets across Mexico, positioning Akanda to drive scale, margin expansion and long-term shareholder value through additional targeted deals.