[ga] Verisign proves there is money in e-business
Verisign proves there is money in e-business
Master of the web list: Largest registrar of Internet
domain names Financial Post
March 21, 2001
MOUNTAIN VIEW, Calif- ~/Snip/~ Through Network Solutions, Verisign has registered about 15 million Web addresses to date, generating a fee of US$35 for each, on a renewable annual basis. In addition, through its management of the Web's domain database, the company collects US$6 for every Web site any rivals register. The subscription-style fees give Verisign the security of an annuity. "The beauty of our model is that we have over US$500-million in deferred revenue," said Anil Pereira, senior vice-president of enterprise services. "We know that we're coming into certain revenue each quarter. It gives us wonderful visibility." ~/snip/~
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