VeriSign Increases Fees For .Com and .Net Domains
By Ona Zachary
21:01, March 29th 2008
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VeriSign Increases Fees For .Com and .Net Domains

VeriSign announced an increase in registry domain name fees for .com and .net, per its agreements with ICANN. Starting with October 1, the registry fee for .com domain names will increase from $6.42 to $6.86 and that the registry fee for .net domain names will increase, from $3.85 to $4.23.

The company said it processes a peak of more than 33 billion DNS queries per day under normal traffic conditions and traffic volume continues to increase with the emergence of consumer-driven services, the surge in Web-connected wireless devices and the proliferation of technologies and services using the Domain Name System (DNS).

In addition, the company announced its plans to increase the capacity of its global Internet infrastructure by ten times by the year 2010 and its daily DNS query capacity from 400 billion queries a day to over 4 trillion queries a day.

VeriSign will also expand its deployment of Regional Internet Resolution Sites to more than 100 locations across the globe by 2010.

According to the agreement between VeriSign and ICANN, the company can raise registration fees for .com domain in four of the six years between 2006 and 2012.

According to VeriSign, the .com and .net adjusted base surpassed 80.4 million domain name registrations at the end of 2007. This represents a 24 percent increase year over year and a four percent increase quarter over quarter. The adjusted base grew by 3.5 million domain names in the fourth quarter and 15.4 million over the entire year. New .com and .net domain name registrations were added at an average of 2.5 million per month in the fourth quarter 2007 for a total of 7.5 million new registrations.

Earlier this month, RatePoint and VeriSign announced that VeriSign will integrate RatePoint’s online reputation management and customer feedback platform as a value-added offering for customers to purchase as part of VeriSign’s retail SSL certificate.



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