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Akanda expands dark fiber network in Mexico by 200 km, boosting revenue and growth potential.

Market News
26 Mar 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Akanda Corp. and its subsidiary First Towers & Fiber Corp. have expanded their dark fiber network in Central Mexico by approximately 200 kilometers, increasing total coverage to about 900 kilometers. This expansion is backed by a long-term contract expected to generate around $2 million in revenue over 10 years, supported by stable enterprise customers. The move strengthens the company's position in the Bajío region, a key industrial hub, and enhances its infrastructure platform for future growth and margin expansion. Akanda plans further acquisitions to consolidate fiber assets across Mexico, aiming to capitalize on growing demand for digital infrastructure in Latin America.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

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Borralha Project drilling confirms high-grade tungsten zones, advancing development and exploration in Portugal.

Borralha Project drilling confirms high-grade tungsten zones, advancing development and exploration in Portugal.

Allied Critical Metals announced positive assay results from its 2026 drilling campaign at the Santa Helena Breccia, part of the Borralha Tungsten Project in Portugal. The first drill hole confirmed broad zones of high-grade tungsten mineralization, ...

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XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

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XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...

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Revolut gets preliminary UAE crypto license, expands services while removing USDT in Europe by August

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Revolut has received preliminary approval from Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, including broker-dealer, asset management, and exchange functions. This approval allows UAE customers to trade and...

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Gold nears $4,020 support as U.S. retail sales data could shift Fed rate outlook this week.

Gold nears $4,020 support as U.S. retail sales data could shift Fed rate outlook this week.

Gold and silver prices are under pressure ahead of key U.S. retail sales data that could influence Federal Reserve interest rate decisions. Central banks, led by Poland and China, continue to boost gold reserves, adding 41 tonnes in May, supporting l...

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