Breaking: Verisign To Hold Conference & Live Webcast Friday Morning At 8:30 AM On Sta
Verisign ( NASDAQ : VRSN )just announced they will be holding a conference call tomorrow morning, Friday November 30, 2012 at 8:30 AM EST, “to provide a status update on the .com Registry Agreement renewal”.
“The call will be accessible by direct dial at (888) 676-VRSN (U.S.) or (913) 312-0400 (international).”
A listen-only live webcast of the conference call will also be available at http://investor.verisign.com.
November 30th is the date previously set by Verisign as the deadline for a determination on the .Com contract without requiring an extension.
Shares of Verisign traded down almost 2% today to close at $39.31 and is now trading down slightly after hours as well.
We of course will be watching the webcast to see if they got the .com contract renewed and if so at what rate and with what guaranteed increase, if any.
As we reported, the Internet Commerce Association (ICA) wrote a lengthily letter to the to the U.S. Department of Commerce (DOC) and the Department of Justice (DOJ), urging the DOC & the DOJ not to approve the renewal of the Verisign contract to operate the .com registry unless Verisign rolls back wholesale prices of .com domain names to the same price it charges for .net domain registrations and to limit price increases in the future to the increase in the Consumer Price Index (CPI).