Verisign Announced Increase in .com and .net domain name fees

Just noticed that VeriSign was announced as of Jan. 15, 2012, the registry fee for .com domain names will increase from $7.34 to $7.85 and that the registry fee for .net domain names will increase from $4.65 to $5.11 on July 14, 2011.

This has been the 3rd time domain prices increasing since our website was established.

The reason given by VeriSign statement :

Continued strong global Internet usage growth, along with increasingly powerful distributed denial of service (DDoS) attacks leveled against all parts of the Internet’s critical infrastructure, have dramatically increased the demands on Internet infrastructure providers such as Verisign. In the last five years, the volume of Domain Name System (DNS) queries on Verisign’s global Internet infrastructure has more than doubled, increasing to an average daily query load of 57 billion in the first quarter of 2011. Future growth is expected to occur at an even faster pace. Verisign’s infrastructure has maintained 100 percent operational security, accuracy and stability for more than a decade due to continued innovation and investment in the infrastructure.

I totally wordless… VeriSign get $7.34 from each .com and $4.65 from each .net domain registration, and currently estimated over 192 million TLDs (Top Level Domains) [.com/.net/.org/.info/.biz/.name] registered over the world. Proved by VeriSign it’s own Domain Name Industry Brief, while estimation from Domain Worldwide the .com registered 21,336,063 and .net 3,631,270.

It’s obviously VeriSign get billions US dollars from it, and the more number of domain registered, the more money VeriSign earned. So, where is the points to increase the price again, again and again ? VeriSign is really a big shark.

I would recommend you to renew your .com and .net domain name(s) before 15th January 2012 to a maximum 10 years of period of registration. Why ? Because I can guaranteed you that VeriSign will again increase the domain name registration fee soon.

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