Verisign would be richer by $27 M

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VeriSign, Inc. the domain name registry that controls the .com domain (as well as .net and others), has notified all the registrars of the domain name fee change.

VeriSign has announced a fee change for .com & .net domain names w.e.f Oct 15,07. For .com domain names new price would be $ 6.42 from $6.0. Domain registrars would be paying $3.85 for .net domain names.

As per the last report, VeriSign has 65 million .com domain names registered worldwide. With this fee increase, VeriSign would have better balance sheets for 2007-08.

For details: http://gnso.icann.org/mailing-lists/archives/registrars/msg04682.html

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