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12|19|2012 05:22 pm EDT

VeriSign to increase .NET prices by 10% on July 1st, 2013

by Frank Michlick in Categories: Registries

Tags: , , , , , , , , ,

Verisign - Domain Name Registration, DDoS and DNS ManagementVeriSign (NASDAQ:VRSN) just announced that intends to increase the .NET domain registration pricing by 10% on July 1st, 2013, bringing the price for registrars from $5.11 per domain name year to $5.62. The announcement about the increase for .NET fees follows the agreement with the Department of Commerce and VeriSign that it would not increase .COM prices unless there are significant cost increases in operating the TLD. The price change was announced via a press release on the company’s website. At least one registrar told DNN they have yet to receive a notification about the increase.

VeriSign also just lost their spot in the NASDAQ-100 index earlier this week.