Dear Customers,
Due to ICANN (Internet Corporation for Assigned Names and Numbers) regulatory increase of domain name fees charged to us, NavigatorIS will have to stop selling domain registration/renewal/transfers for the same $9.99 advertised price that has never been increased since we started our business in 2003.
The new regulations will have a huge impact in the hosting industry in general, as it allows a 7% annual increase and leaves the door open for future increases for the upcoming years. Below is a copy of the email sent to domain registrars announcing the increase:
From: VeriSign Customer Service nfo@verisign-grs.com
Sent: Thursday, March 27, 2008 4:02 PM
Subject: Advisory: Notice of Fee Change
March 27, 2008
VIA Email and Express Delivery
Re: Notice of Fee Change
To All Registrars,
VeriSign, Inc. and it’s wholly owned subsidiaries (”VNDS”) is hereby notifying all registrars of a fee change for .com and/or .net domain names effective October 1, 2008. In accordance with our contract, ICANN has already been notified. Details as follows:
1. VNDS’ fee for each annual increment of a new and renewal .com domain name registration and for each transfer of a .com domain name registration from one ICANN-accredited registrar to another will be US $6.86, exclusive of any ICANN Variable Registry-Level Fee (as defined in the .com Registry
Agreement) or any other ICANN fee; and
2. VNDS’ fee for each annual increment of a new and renewal .net domain name registration and for each transfer of a .net domain name registration from one ICANN-accredited registrar to another will be US $4.23, exclusive of any ICANN Variable Registry-Level Fee (as defined in the .net Registry
Agreement) or any other ICANN fee.
Except for the above-described fee changes, all other terms of the relevant agreements (.com and .net Registry Agreements and Registry-Registrar
Agreements) remain unchanged.
Please contact Customer Affairs Office at cao@verisign-grs.com if you have specific questions regarding this notice.
Best regards,
PJ Bolanos
Vice President, Customer Support
VeriSign, Inc.
More information can be found on the internet with a basic internet search, and in the Verisign's website Press release.
Please understand that the price increase affects all registrars, and anyone in the webhosting industry. Our new pricing scheme will be released by October 1st (when the new pricing is effective). You can still renew/transfer domains using the old $9.99/yr pricing until then.
Thank you for business
Navigator Internet Solutions
09/26/2008
Friday, September 26, 2008
