North American Network Operators Group|
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Re: Lawsuit on ICANN (was: Re: A few words on VeriSign's sitefinder)
Scott Call wrote:
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.htmlOn 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
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.