The board of director of the Internet Corporation for Assigned Names and Numbers (ICANN) has voted to approve a new deal with registrar VeriSign which keeps the company in place as the registrar the Internet’s .com top-level domain through at least the year 2012, and maybe even longer.
Under the agreement, VeriSign will retain control of the .com registry through 2012, with the possibility of renewal. VeriSign will also be permitted to raise wholesale fees for domains in the .com top-level domain in four of the next six years. VeriSign also controls the .net registry, and praised the agreement for following closely along the lines of the .net agreement, which ICANN approved in 2005.
