To: Secret_Agent_Man who wrote (1878 ) 2/8/1999 1:37:00 PM From: Secret_Agent_Man Read Replies (1) | Respond to of 30916
WSJ article:February 8, 1999 Guidelines Are Due on Competition In Web-Domain Name Registration By JOHN SIMONS Staff Reporter of THE WALL STREET JOURNAL WASHINGTON -- Taking its first step toward breaking Network Solutions Inc.'s hold on registering Internet-domain names, a government-appointed panel is expected Monday to release a draft set of guidelines for potential competitors. The panel is expected to address whether to open the market to smaller, relatively inexperienced firms or limit it to larger, well-established entities such as telecommunications and Internet-service concerns. The report is expected after financial markets close Monday. The panel is holding the guidelines closely, partly because Network Solutions expects to make a secondary stock offering this week. After a public-comment period, the draft guidelines will be completed at the next board meeting of the nonprofit Internet Corporation for Assigned Names and Numbers, in Singapore on March 4. Since 1992, Network Solutions has had an exclusive federal contract to handle distribution of Internet addresses ending in ".com," ".net," ".org," and ".edu." It charges $70 for the first two years of registration and $35 annually thereafter. In 1998, the company registered approximately 1.9 million new Internet addresses, nearly double the 960,000 in 1997. Last fall, the federal government began the process of opening up the domain-naming market, granting ICANN the authority to hammer out a plan. The domain-naming system is critical to a Web browser's ability to find a site on the vast Web or an e-mail message's ability to find its way around the world. Any foul-up could cause major Internet bottlenecks. ICANN by the end of March will pick five companies to test reliability of a competitive system. Among potential competitors, the 89 companies constituting the Internet Council of Registrars are looking for ways to augment other businesses. The council includes Deutsche Telekom AG, New Jersey's IDT Corp. and France Telecom Internet-service unit Transpac. Chairman Ken Stubbs noted that many companies realize domain registration may not be as lucrative in the future. "As more and more people get into this market and more domain names are introduced, this will become a commodity market," Mr. Stubbs said. Later this year, ICANN also will decide how to expand the domain-name market, adding so-called top-level domains -- for example, ".firm," ".shop" or ".web" -- to the pool that includes ".com," ".net" and the like.