Domain Name News
ICANN to Close Bidding for .org Registry
June 18, 2002
The Internet Corp. for Assigned Names and
Numbers (ICANN) Wednesday will oversee the first step in the
process to transfer management of the .org domain registry
away from VeriSign, as hopefuls present their proposals for
running the registry.
Tuesday is the deadline for bid proposals to run the
top-level domain (TLD), which currently consists of 2.7
million domains. On Wednesday, ICANN will hold a roundtable
to unveil the bidders. Each of the bidders (eight or nine
are expected) will have five minutes to present their bids
and why they best answer the future needs of .org.
Mountain View, Calif.-based VeriSign, the world's largest
registrar and owner of the highly popular .com, .net and
.org registries, agreed to give up control of the .org
registry in April 2001 as part of a deal it brokered with
ICANN to prevent a break-up into separate registrar and
registry businesses. The U.S. Department of Commerce
approved the deal in May 2001.
The .org TLD was initially intended as a special-purpose TLD
for non-profit organizations, but that stricture has not
been enforced. However, with analysts predicting yearly
revenues from the .org registry at $10 million, reports
suggest that the bidders for the TLD will include some
organizations looking to derive profit from the registry. It
has even been rumored VeriSign itself may organize a bid.
Unity Registry, a partnership between British firm Poptel,
which manages the .coop domain, and AusRegistry, which
manages the .au country-code top-level domain (ccTLD) for
Australia is a confirmed bidder.
Details at: http://www.internetnews.com/xSP/article.php/1367231