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FWIW, Verisign buys .tv registry rights


From: Richard Forno <rforno () infowarrior org>
Date: Mon, 07 Jan 2002 09:42:37 -0500


Verisign Buys .tv Web Domain for $45 Million

MOUNTAIN VIEW, California (Reuters) - Internet address and security provider
VeriSign Inc. (Nasdaq:VRSN - news) said on Monday it bought exclusive
worldwide registry rights for ``.tv'' Web addresses, paying $45 million for
.tv Corp International.

VeriSign said it expects the cash deal, which closed on Dec. 31, to add less
than $1 million of revenues and $7 million to $10 million of net deferred
revenues to fourth-quarter results.

The .tv top-level domain was owned by the Pacific Island nation of Tuvalu.

http://dailynews.yahoo.com/h/nm/20020107/wr/verisign_domain_dc_1.html


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