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In
yet another painful reminder
of
how egregiously ICANN sold domain
registrants down the river in their last
contract negotiations with Verisign,
the company announced another wholesale price
hike for .com and .net
domains today. One can only imagine how
many millions of dollars ICANN's
failure to put the .com and .net
contracts out for competitive bidding
have cost domain registrants around the
world. The latest jump in prices takes
effect Jan. 15, 2012.
The
complete press
release is below:
Verisign
Announces Increase in .com/.net Domain
Name Fees |
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DULLES,
VA (Marketwire) - VeriSign, Inc. (
NASDAQ
:
VRSN
), the trusted provider of Internet
infrastructure services for the networked world,
today announced, effective Jan. 15, 2012,
an increase in registry domain name fees for
.com and .net, per its agreements
with the Internet Corporation for Assigned Names
and Numbers (ICANN).
Verisign
announced that as of Jan. 15, 2012, the registry
fee for .com domain names will increase from
$7.34 to $7.85 and that the registry fee for
.net domain names will increase from $4.65 to
$5.11.
Continued
strong global Internet usage growth, along with
increasingly powerful distributed denial of
service (DDoS) attacks leveled against all parts
of the Internet's critical infrastructure, have
dramatically increased the demands on Internet
infrastructure providers such as Verisign. In
the last five years, the volume of Domain Name
System (DNS) queries on Verisign's global
Internet infrastructure has more than doubled,
increasing to an average daily query load of 57
billion in the first quarter of 2011. Future
growth is expected to occur at an even faster
pace. Verisign's infrastructure has maintained
100 percent operational security, accuracy and
stability for more than a decade due to
continued innovation and investment in the
infrastructure.
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