VeriSign Increases Registry Fee for .COM and .NET Domains

VeriSign, the registry operator for .COM and .NET domain names announced this week that effective 1 July 2010 there will be an increase in registry domain name fees, effectively the wholesale price to registrars, for the Top Level Domains as per its agreements with ICANN.The increase will see the registry fee for .COM domains will increase from $6.86 to $7.34 and that the registry fee for .NET domain names will increase from $4.23 to $4.65.VeriSign has justified the increase on the economy and society becoming increasingly dependent on digital technology With this they say it is imperative that investment in the underlying infrastructure, including .COM and .NET, continue to keep pace with the robust growth of the Internet and ensure its continued security and reliability. Over the last decade, the volume of Internet traffic and domain name system (DNS) queries on VeriSign’s global infrastructure has increased from an average of approximately 2 billion queries per day in the year 2000 to more than 50 billion queries per day today while maintaining 100 percent operational accuracy and stability for the last eleven years.Over the next decade, VeriSign claims they will continue investment to build out the .COM and .NET infrastructures to manage the increasing demands on the infrastructure brought on by the proliferation of Internet-enabled phones and devices and the emergence of DNS-centric technologies and services. VeriSign also continues to scale and fortify the .com and .net infrastructures globally to defend against increasingly sophisticated cyber attacks.To register your .COM or .NET domain names, check out Europe Registry here.