June 27, 2008
ICANN opens up the internet
Yesterday ICANN, the internet governing body, agreed a major proposal to the way Top Level Domains work, which could see many new domain name extensions on the market in 2009.

Internet users are currently restricted to a limited number of domain extensions, for example the popular .com, .co.uk, .net and suchlike. ICANN’s proposal will mean the removal of this restriction, enabling registrars to apply for new extensions that are more appropriate to their customers.
However, applying for a new domain extension (TLD) will be very different from registering a new domain name, with each new top-level-domain costing a minimum of $100,000, strictly limited to companies and entrepreneurs.
In addition, the ICANN proposal will also mean that domain extensions could be supported in new languages, no longer restricted to the current 37 Roman Characters.
A final version of the proposal will need to be approved by the ICANN Board before the changes begin to take place - this is expected to be in early 2009. Applications for new domain extensions are expected to be available in the second quarter of 2009.
Fasthosts is very excited by the opportunity that this major change will present for our customers and of course, we will keep you informed of developments as they happen, through into 2009.




