.COM & .NET domain prices will remain unaltered regardless of the recent Registry price update.

QualiSpace, an ICANN accredited domain name Registrar and web services provider, today announced that it has decided to keep the rates as it is for .COM & .NET domains for month's tenure.

According to the company, the increasing prices are a result of settlement between ICANN (http://www.icann.org) and Verisign. Using this agreement, Verisign has got the authority to raise .COM rates by 7% yearly along with a notice of 180 days to its Registrars. The latest charges might not have an effect on the common people; however the ones registering domains in bulk could see their commercial infrastructure expense moving upwards. Freezing the current domain price by renewing TODAY will get further in helping a domain service provider remain lucrative, particularly if he or his clients possess a significant collection of .COM Domains.

"The price hike must have considerably created a chaos everywhere, but the good news is that, QualiSpace has kept the domain prices resolute instead of upgrading it unlike other Registrars. You can renew or transfer, also register a domain for a year at unbelievable prices offered by QualiSpace," said Ashish Shah, Founder & CEO of QualiSpace.