Verisign and NTIA exchange letters on .com Cooperative Agreement renewal and pricing discussions

VERISIGN INC/CA

NTIA intends to renew Cooperative Agreement with Verisign for .com registry, citing security and stability.
Verisign agrees to discuss .com wholesale pricing and downstream markets; no mandated changes.
Wholesale price caps have not always passed through to end-users, contributing to unregulated secondary market.
Discussions on pricing have not begun; Verisign expects on-time renewal of .com Registry Agreement.
Letters do not mandate changes to Cooperative Agreement pricing provision under Amendment 35.

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