Mar 28, 2008 (03:03 PM EDT)
VeriSign Raises Domain Name Fees Again
Read the Original Article at InformationWeek
VeriSign has raised the registration fee for domain names ending in .com and .net for the second time since the company took control of the top-level domains in 2006.
The security vendor said Thursday that the registry fee for .com would increase to $6.86 from $6.42, and the fee for .net would increase to $4.23 from $3.85. The increases are expected to take effect on Oct. 1, and are in line with VeriSign's agreement with ICANN, the U.S. organization in charge of managing the assignment of domain names and IP addresses, the company said.
In justifying the increase, VeriSign said traffic volume continues to increase with the emergence of consumer-driven services, the soaring number of Web-connected wireless devices, and the proliferation of technologies and services using the Domain Name System. The company says it processes a peak of more than 33 billion DNS queries per day, under normal traffic conditions.
In addition, the .com and .net infrastructures are continually being fortified against more sophisticated cyberattacks, VeriSign said. The company is deploying new proprietary security upgrades and monitoring tools to identify, track, and isolate malicious Internet traffic.
VeriSign plans to increase the capacity of its global Internet infrastructure by 10 times its current level by the year 2010, and increase its daily DNS query capacity to more than 4 trillion from 400 billion today, the company said. VeriSign also plans to increase the network bandwidth of its primary resolution centers around the world to more than 200 Gbps from 20 Gbps.
VeriSign's last increase took effect on Oct. 15. At that time, the registry fee for .com increased to $6.42 from $6, and the fee for .net rose to $3.85 from $3.50.
It was the first registry fee increase for the two domain names since ICANN put the fee structure in place in 1999. Nevertheless, the increases were criticized by some as being unjustified.