Metropolitan Nashville Airport Authority Agenda 2026-06-17
Verizon Secures Long-Term DAS License At BNA
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Description
MNAA approved a 20‑year Distributed Antenna System license agreement with Verizon, replacing temporary arrangements and locking in long‑term wireless coverage at BNA. Verizon will contribute toward $2 million in capital funding and back rent, then pay $186,579 per year with 3% annual increases starting July 2026.
Contract Details
Contract Amount
$2,000,000 shared capital contribution across all carriers; $837,868.50 back rent total; annual revenue $186,579 from Verizon effective July 1, 2026 with 3% annual escalation
Vendor
VERIZON
Agency
Metropolitan Nashville Airport Authority, TN
Contract Type
LICENSE
Document Date
June 17, 2026
Contract Term
20 years total (10‑year initial term plus two 5‑year automatic renewals unless carrier gives notice not to renew) starting July 1, 2026
Renewal Date
2046-06-30
Renewal Info
Agreement includes a 10‑year initial term with two 5‑year automatic renewals unless Verizon elects not to renew, for a potential 20‑year term.
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