Increases .com registry fee to $6.42 and the registry fee for .net domain names will be $3.85, effective from 15th October, 2007.
VeriSign, Inc.,
a provider of infrastructure services on the Internet, yesterday
announced an increase in registry domain name fees for .com and .net,
per its agreements with ICANN , effective Oct. 15, 2007.
The registry fee for .com domain names will increase from $6.00 to
$6.42 and that the registry fee for .net domain names will be $3.85.
This will be the first registry fee increase for .com and .net since
the fee structure was put in place by ICANN in 1999.
The volume of Internet traffic and domain name system queries on
VeriSign's global infrastructure has increased from an average of 1
billion queries per day in the year 2000 to 30 billion queries per day
today. Traffic volume continues to increase with the emergence of
consumer-driven services, the surge in web-connected wireless devices
and the proliferation of DNS-centric technologies and services.
In addition, the .com and .net infrastructures are continually being
fortified and scaled to defend against sophisticated cyber attacks.
Security exploits have grown by 700% since 2000 and are projected to
increase by 50% in 2007 and 2008, the company added in its release.