Feeds

VeriSign to raise .com, .net prices

57 billion lookups a day don't come for free

Build a business case: developing custom apps

VeriSign has announced plans to raise the price of .com and .net domain names again.

The .net price increase comes just a few weeks after the company renewed its registry contract with industry overseer ICANN.

From 15 January, 2012, the company said that it intends to charge $7.85 for a .com, up from $7.34, and added that .net fees would go up from $4.65 to $5.11.

Those are the annual wholesale prices VeriSign will charge all accredited registrars, which usually pass on registry fee increases to their customers through higher retail prices.

While the rises will have little impact on the average punter with one or two domains to his name, high-volume domain investors and businesses with large portfolios of defensive registrations – some have as many as 100,000 – could see their annual costs rise by thousands for essentially dormant domains.

Because VeriSign is contractually obliged to give six months' notice before pumping up its fees, registrants are able to lock in prices at current rates by renewing their domains for up to 10 years.

The company was given the right to raise .com prices by 7 per cent in four years of its six-year contract with ICANN, which was signed in 2006 as part of the controversial settlement of a lawsuit between the two organisations.

When the new prices come into effect, the price of a .com will have risen by $1.86, or 31 per cent, since the contract was signed.

The new increases reflect the fourth and final price increase under the current contract, which will come up for renewal next year.

The .net contract, which allows annual increases of 10 per cent, was renewed by ICANN in late June, just a few weeks ago, following a vote at its meeting in Singapore.

People who own a lot of domains often blame ICANN for not doing enough to protect consumers' interests by enabling price increases that some say amount to nothing more than profit-taking when economies of scale should lower VeriSign's costs.

VeriSign justifies its fees by pointing out that .com continues to operate at 100 per cent uptime, despite a query load that currently runs at about 57 billion lookups per day. Combined, there are over 100 million .com and .net domains registered today. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Canadian ISP Shaw falls over with 'routing' sickness
How sure are you of cloud computing now?
Don't call it throttling: Ericsson 'priority' tech gives users their own slice of spectrum
Actually it's a nifty trick - at least you'll pay for what you get
Three floats Jolla in Hong Kong: Says Sailfish is '3rd option'
Network throws hat into ring with Linux-powered handsets
Fifteen zero days found in hacker router comp romp
Four routers rooted in SOHOpelessly Broken challenge
New Sprint CEO says he will lower axe on staff – but prices come first
'Very disruptive' new rates to be revealed next week
PwC says US biz lagging in Internet of Things
Grass is greener in Asia, say the sensors
Ofcom sees RISE OF THE MACHINE-to-machine cell comms
Study spots 9% growth in IoT m2m mobile data connections
O2 vs Vodafone: Mobe firms grab for GCHQ, gov.uk security badge
No, the spooks love US best, say rival firms
Ancient pager tech SMS: It works, it's fab, but wow, get a load of that incoming SPAM
Networks' main issue: they don't know how it works, says expert
Trans-Pacific: Google spaffs cash on FAST undersea packet-flinging
One of 6 backers for new 60 Tbps cable to hook US to Japan
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.