Lawsuit on ICANN (was: Re: A few words on VeriSign's sitefinder)
Deepak Jain
deepak at ai.net
Fri Feb 27 01:29:50 UTC 2004
Scott Call wrote:
> On Thu, 26 Feb 2004, Roman Volf wrote:
>
>
>>When are they up for renewal exactly?
>
>
> November 10, 2007, according to
> http://www.icann.org/tlds/agreements/verisign/registry-agmt-com-25may01.htm
>
> -S
>
I think as far as Verisign is concerned, they might not be an ongoing
concern in 2007, so why worry? They need to do something to get their
revenues up or risk the wrath of wallstreet:
http://biz.yahoo.com/rc/040129/tech_verisign_earns_4.html
At $6/year per domain registered, VGRS makes the lion share of money in
the domain registry business for .com and .net. Yet, they are losing
$20MM per last quarter (or more, they lost over 200MM in 2003) And only
have about $300MM in cash . And their revenues are falling.
Deepak Jain
AiNET
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