Verisign to raise fees for .com and .net domain names in October

[mandy]

The master-keeper of Internet addresses ending in ".com" and ".net" _ two of the most popular domain name suffixes _ said Thursday it would raise fees charged to register those names.

The annual levy for ".com" will increase 7 percent to $6.42 (euro4.80), and the ".net" fee will go up 10 percent to $3.85 (euro2.88). The per-name fees are what VeriSign Inc. collects from companies that sell domain names on its behalf, and such charges are generally incorporated in the prices companies, groups and individuals pay to register names.

With about 62 million ".com" names and 9.1 million ".net" names in use, VeriSign stands to ultimately make $29 million (euro21.7 million) a year from the increase, which will take effect Oct. 15...

full article: http://www.smh.com.au/news/Technology/Ve...47041.html

[regic]