Reglikedomain industry desk

Bad news for IDN.com investors

Verisign still negotiating with ICANN over .com transliteration domain names.

Owners of IDN.com domain names that are patiently waiting for .com transliterations are going to have to keep waiting.

In an SEC filing today, and on its investor conference call, Verisign stated it has received an extension to the deadline for negotiating its contracts for these domains with ICANN. The fresh deadline is December 31.

The firm would not disclose the specific terms of the contract that it is trying to negotiate.

I can imagine that, whatever the terms are, ICANN doesn’t want to do any favors for Verisign right now. ICANN and Verisign have been sparring significantly over the past couple years. It’s also unclear what leverage, if any, Verisign has for negotiating fresh TLD contracts.

Unfortunately, IDN.com owners are the ones caught in the middle.

Also on the wire

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