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New domain name extensions will be delayed

OUT-LAW News, 05/03/2001

The launch of seven new generic top level domains (gTLDs), scheduled for July this year, could be delayed by several months according to a report by news agency Reuters. The report blames lengthy contract negotiations with the proposed operators of the new names and the high-tech downturn in the US economy.

The new gTLDs announced in November 2000 are: .biz, .name, .museum, .pro, .aero, .coop and .info. The registries for the names will be operated by seven companies. These names will add to the existing seven gTLDs of .com, .org, .net, .edu, .gov, .mil and .int.

An ICANN official told reporters that the new registries will still be in place by the year’s end but that delays were being caused because some of the registries were having their business plans re-evaluated by their investors as a result of what he called the “dot-bomb phenomenon”. The registries in turn blamed ICANN for delays in providing contracts.

 

 

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