Showing posts with label RZM. Show all posts
Showing posts with label RZM. Show all posts

2018-02-08

Verisign $VRSN Q4 2017 Results, LIVE Webcast Feb 8 Replay

$VRSN up 32% YOY as of Feb 7, 2018
Verisign Fourth Quarter and Full Year 2017 Financial Results:
VeriSign, Inc. (NASDAQ: VRSN) (domain: verisign.com), registry operator for .COM and .NET top-level domains, and an internet security services provider, held its earnings call for the fourth quarter and full year 2017 on Thursday, Feb. 8, 2018, at 4:30 p.m. (EST).

NASDAQ: VRSN - Feb 8, 4:13 PM EST
105.62USD Price decrease $3.49 (3.20%)

Q4 2017 Verisign Earnings Webcast (Listen to the Replay)

VeriSign's (VRSN) CEO Jim Bidzos on Q4 2017 Results - Earnings Call Transcript | SeekingAlpha.com

Earnings Presentation (pdf) (graphic excerpt below)

Earnings Results Fourth Quarter GAAP Financial Results VeriSign, Inc. and subsidiaries (“Verisign”) reported revenue of $296 million for the fourth quarter of 2017, up 3.2 percent from the same quarter in 2016. Verisign reported net income of $103 million and diluted earnings per share (diluted “EPS”) of $0.83 for the fourth quarter of 2017, compared to net income of $106 million and diluted EPS of $0.84 for the same quarter in 2016. The operating margin was 59.7 percent for the fourth quarter of 2017 compared to 59.0 percent for the same quarter in 2016.

Verisign ended the fourth quarter with 146.4 million .com and .net domain name registrations in the domain name base, a 2.9 percent increase from the end of the fourth quarter of 2016, and a net increase of 0.57 million during the fourth quarter of 2017. • In the fourth quarter, Verisign processed 9.0 million new domain name registrations for .com and .net, as compared to 8.8 million for the same quarter in 2016. • The final .com and .net renewal rate for the third quarter of 2017 was 74.4 percent compared with 73.0 percent for the same quarter in 2016. Renewal rates are not fully measurable until 45 days after the end of the quarter. Estimate 72.2% renewal rate for Q4 2017.
Editor's note: .NET is continuing its decline in registrations (losing 500,000 registrations QoQ to end at 14.5 million end of Q4), but more than offset by gains in .COM registrations (131.9 million at end of Q4, up from 130.8 Million at the end of Q3). No 2018 guidance based upon .WEB and whether it will even launch in 2018 (timing is dependent on ICANN). No news whether NTIA will extend the Cooperative Agreement (with reference to .COM) beyond Nov 30, 2018.

See also Verisign's SEC filings.

Quarterly VRSN Convertible Debenture Dilution Q4- 2017

The Top 20 Tech Companies by Revenue Per Employee:
Courtesy of: VisualCapitalist.com August 23, 2017

Rank--Company--Revenue per employee:
#1 Apple $1,859,000
#2 Facebook $1,621,000
#3 Alphabet $1,253,000
#4 VeriSign $1,154,000
#5 Visa $1,062,000
#6 Mastercard $906,000
#7 Broadcom $843,000
#8 Lam Research $785,000
#9 Qualcomm $772,000
#10 Microsoft $748,000
About Verisign:
Verisign ensures the security, stability and resiliency of key internet infrastructure and services, including .com and .net domains and two of the internet's root servers, as well as performs the root zone maintainer function for the core of the internet's Domain Name System (DNS). Verisign's Security Services include Distributed Denial of Service Protection and Managed DNS. (source: Verisign.com).

feedback & comments via twitter @DomainMondo


DISCLAIMER

2016-04-28

Amazon $AMZN, Neustar $NSR, Verisign $VRSN, Q1 2016, April 28

Three important, but very different, companies, all of which offer domain name registry services, report Q1 2016 financial results after market close on Thursday, April 28, 2016; Earnings calls/webcasts: Amazon at 5 pm ET; and Neustar at 4:30 pm ET; and Verisign at 4:30 pm ET.

Amazon is the gorilla of the group (market capitalization $280.65B), with booming growth in its ecommerce (Prime, Amazon video, Amazon music, etc.) and technology (AWS a/k/a Amazon Web Services a/k/a Amazon Cloud) offerings. Neustar (market cap $1.35B) is trying to transform itself in view of its pending loss (2017?) of its profit-rich NPAC contracts, and finally, Verisign (market cap $9.66B) is transitioning along with ICANN--Verisign and ICANN are negotiating for a 10 year extension of its .COM registry agreement to run coincident with a new Root Zone Maintainer contract for Verisign (see notes after twitter feed below). After the brief profiles that follow, is a combined Twitter feed for all 3 stocks. This post will be updated as financial results information becomes available.

* * * * * * *
Amazon $AMZN - amazon.com - ecommerce, cloud, technology, TLD registry services
•  Amazon.com, Inc. (NASDAQ:AMZN) will hold a conference call to discuss its first quarter 2016 (Q1 2016) financial results on April 28, 2016, at 5:00 p.m. ET. Earnings Release.
•  The event will be webcast live, and the REPLAY audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir.
•  Webcast Presentation: Click  here for webcast Thurday, April 28, 5:00 p.m. ET
•  Amazon.com Investor Relations: 2016 Annual Meeting of Shareholders: May 17, 2016 9:00 a.m. – 10:00 a.m. Fremont Studios 155 N 35th St. Seattle, WA 98103 (source: Amazon.com Inc.)

Q1 2016 Results for Amazon.com Inc: Q1 EPS of $1.07 beats by $0.49. Revenue of $29.13B (+28.2% Y/Y) beats by $1.15B.  Guidance: AMZN expects Q2 revenue of $28B-$30.5B vs. a $28.33B consensus; expects Q2 operating income of $375M-$975M vs. $465M a year ago. Shares are UP +10% after hours. See: Amazon.com (AMZN) Q1 2016 Results - Earnings Call Transcript | Seeking Alpha
* * * * * * *
Neustar $NSR - neustar.biz - technology and TLD registry services
•  Q1 2016 Neustar, Inc. Earnings Conference Call
•  Click here for webcast Thursday, April 28, 2016, 4:30 p.m. ET 
•  Webcast Presentation Event Details
•  Investor Relations neustar.biz/about-us/investor-relations  Earnings Release
•  Background - see on Domain Mondo
Q1 2016 Results for Neustar: Q1 EPS $1.06 misses by $0.12; Revenue of $287.29M (+14.3% Y/Y) misses by $1.22MTotal operating expense for the first quarter of 2016 increased 30% to $222.9 million from $171.9 million in the first quarter of 2015. This $51.0 million increase was attributable primarily to operational expenses associated with businesses acquired in 2015. Neustar updated its guidance to reflect a lower contribution from its recent acquisition of MarketShare, which was partially offset by stronger than expected organic Information Services revenue performance. All of the measures used by Neustar for guidance assume that it will remain the local number portability administrator for 2016. Shares are DOWN (11%) after hours. See: NeuStar (NSR) Lisa A. Hook on Q4 2015 Results - Earnings Call Transcript | Seeking Alpha

* * * * * * *
Verisign $VRSN - verisign.com - TLD registry services, RZM, internet security services
• Verisign's Q1 2016 earnings call: Thursday, April 28, 2016, 4:30 p.m. ET.
• LIVE listen-only webcast of the earnings conference call https://investor.verisign.com.
• Audio archive of the call: https://investor.verisign.com/events.cfm.
• Verisign LIVE teleconference call accessible by direct dial at (888) 676-VRSN (U.S.) or (913) 312-1449 (international), conference ID: Verisign. The earnings news release distribution to the wire services at approximately 4:05 p.m., April 28, 2016, and available directly from the company's investor relations website: investor.verisign.com. On twitter: $VRSN / Verisign / @VERISIGN

Q1 2016 Results for Verisign: Q1 EPS $0.85 beats by $0.02; Revenue $281.87M (+9.1% Y/Y) beats by $3.37M. See: VeriSign (VRSN) D. James Bidzos on Q1 2016 Results - Earnings Call Transcript | Seeking Alpha

Financial Highlights:
  • Verisign ended the first quarter with cash, cash equivalents and marketable securities of $1.9 billion, a decrease of $20 million from year-end 2015.
  • Cash flow from operations was $144 million for the first quarter of 2016, compared with $133 million for the same quarter in 2015.
  • Deferred revenues on March 31, 2016, totaled $992 million, an increase of $31 million from year-end 2015.
  • During the first quarter, Verisign repurchased 1.8 million shares of its common stock for $150 million. At March 31, 2016, $916 million remained available and authorized under the current share repurchase program which has no expiration.
  • For purposes of calculating diluted EPS, the first quarter diluted share count included 21.1 million shares related to subordinated convertible debentures, compared with 15.8 million shares for the same quarter in 2015. These represent diluted shares and not shares that have been issued.
Business Highlights:
  • Verisign Registry Services added 2.65 million net new names during the first quarter, ending with 142.5 million .com and .net domain names in the domain name base, which represents a 7.1 percent increase over the base at the end of the first quarter in 2015.
  • In the first quarter, Verisign processed 10.0 million new domain name registrations for .com and .net, as compared to 8.7 million for the same quarter in 2015.
  • The final .com and .net renewal rate for the fourth quarter of 2015 was 73.3 percent compared with 72.5 percent for the same quarter in 2014. Renewal rates are not fully measurable until 45 days after the end of the quarter.

Tweets about $AMZN OR $NSR OR $VRSN:


More about Verisign
VeriSign, Inc. (NASDAQ: VRSN), is registry operator for .COM and .NET and other top-level domain names (TLDs), as well as Internet security services provider and Internet Root Zone Maintainer and Root Zone server operator. Verisign's Security Services include intelligence-driven Distributed Denial of Service Protection, iDefense Security Intelligence and Managed DNS. See also Zone Files For Top-Level Domains (TLDs) - Verisign:
.COM and .NET Domain Name Base, April 27, 2016:
.com 126,904,150*
.net     15,876,458
Total 142,780,608 *The active zone as of 04/27/2016 contains 125,937,371 .com domain names and 15,673,857 .net domains totaling 141,611,228 domain names. 
Root Zone Status - Verisign: "...In preparation for the implementation phase of NTIA’s announced intent to transition out of key Internet domain name functions, NTIA asked Verisign and ICANN to develop a proposal outlining a technical plan and testing regime for phasing out NTIA’s administrative role associated with root zone management in a manner that maintains the security, stability and resiliency of the DNS. In conjunction with that proposal, Verisign and ICANN are jointly testing and proving a new version of the RZMS that performs all of the same functions as the current RZMS, but uses a modified workflow which omits the NTIA authorization steps. The period of testing, referred to as "parallel operations”, will be used to prove that the new RZMS produces identical matching output for every zone produced by the current RZMS..." see on the Verisign blog: Network Infrastructure, Cyber Security and Domain News from Verisign | Between the Dots and on the ICANN blog: A Progress Update: Ensuring the Security, Stability and Resiliency of Root Zone Maintenance - ICANN"... One of the tasks that must be completed is for ICANN and Verisign to enter into a Root Zone Maintainer Agreement (RZMA). Another is to extend the .com Registry Agreement to run for the same term as the RZMA, which ICANN and Verisign believe enhances the security, stability and resiliency of the root zone infrastructure ..." (March 16, 2016)(emphasis added).

See also on Domain Mondo:



DISCLAIMER

2016-03-20

News Review: ICANN, IANA, NTIA, Congress, the American People

DomainMondoShiningLight ©2013domainmondo.com All Rights Reserved
Domain Mondo's review of the past week and look ahead to the coming week [pdf of this post here]: The IANA transition and ICANN accountability proposal is currently being assessed by the U.S. Department of Commerce's NTIA, while implementation work proceeds within ICANN and Cross-Community Working Groups.

"As NTIA embarks on its work, I want to reiterate what I have been saying throughout this entire process. This IANA transition is far too important to be rushed by any artificial deadline. Much work still remains, and if needed, NTIA should take the steps to extend the contract. It is more important to get this done right, than to simply get it done. Lastly, while we await the analysis of the proposal from NTIA, it is important to stress the important role that Congress plays during this process. The bipartisan work reflected in the DOTCOM Act maintains our oversight authority to ensure the requirements of a transition established by NTIA are met by the proposal." --Chairman Greg Walden, March 17, 2016, Opening Statement - Communications and Technology Subcommittee Hearing “Privatizing the Internet Assigned Number Authority” (emphasis added).

"... Unfortunately, much of the ICANN community has been acting in haste and urgency based on a belief that the transition will not occur if the process extends beyond the expiry of the Obama administration. In reality, this haste and the inevitable imprecision and pressure-induced compromises that result is probably the greatest threat to the transition. The best prospect for the transition being approved is if it is sound, complete, and addresses the concerns of NTIA and Congress. The NTIA has emphasized over and over again, the U.S. government “has not set any deadline for the transition.”... ICANN accountability and insulation from undue government influence is critically important to the future vitality, stability, and openness of the Internet. It is far better to get this process done right than it is to get it done on time."--Congress Should Reject ICANN Transition Proposal Unless Significant Changes Are Made | The Daily Signal (written by Brett Schaefer and Paul Rosenzweig (CCWG-Accountability participants) December 22, 2015, emphasis added). UPDATE March 20: see also ICANN and the IANA Transition -- Proceed With Caution - Lawfare (Rosenzweig) and Stop Obama’s Internet Giveaway - WSJ (Gordon Crovitz)

"The [multistakeholder] process is an ugly process ... the fact that everyone is dissatisfied with this [IANA Transition & ICANN Accountability] proposal is a testament to its success ... there is no one that is happy with everything in this proposal."-- Jonathan Zuck  (CCWG-Accountability participant), President, ACT, The App Association, speaking March 17, 2016, at ITIF

"The devil is in the details"-- Victoria Sheckler, Sr. V.P and Deputy General Counsel, RIAA, speaking March 17, 2016, at ITIF


"... no consensus was reached about the proper role of the Governmental Advisory Committee (GAC) ... it is key that any amendments to the ICANN bylaws be carefully crafted ... This may be the most critical time of the process..."-- J. Scott Evans, Trademark Director and Associate General Counsel at Adobe, writing in CircleID.com (emphasis added).

Congress held an introductory hearing on the IANA stewardship transition proposal (IANA transition + ICANN Accountability WS1) on Thursday. Witnesses were a select group of participants from the ICANN community in support of the Proposal. Issues raised included questions about timing for implementation--can this all be accomplished prior to September 30, 2016? The witnesses all testified "yes" even though in reality the Cross Community Working Groups have missed every deadline in this whole process thus far.

Work Stream 2 (WS2) issues such as jurisdiction, human rights, ICANN staff accountability, accountability of AC/SOs to the global internet community, and transparency of ICANN (corporate, management, staff, Board of Directors), were barely touched upon. Ranking member, California Congresswoman Eshoo, asked about “vulnerabilities” of the proposal, Illinois member of Congress Shimkus asked about who the IANA functions operator would be if  the community selected a provider other than ICANN (or its PTI), and Chairman Walden asked about transparency regarding ICANN’s dealings with foreign governments. There were no clear answers given by the witnesses to those questions, part of the problem being that the Proposal is still incomplete, not yet implemented, with many details yet to come ("the devil is in the details"), untested, unproven, and as I pointed out last week, critical and fundamental accountability issues were postponed to a later WS2 stage, to be completed after  the U.S. has given up all oversight. As I wrote last week:
"... there is always the possibility that Congress--both Democrats and Republicans--will realize it is in the best interests of not only the American people, but also the global internet community, to insist upon the completion and implementation and a subsequent evaluation of both Work Stream 1 (WS1) and Work Stream 2 (WS2) accountability mechanisms, and whether they are actually effective and working, and then decide whether ending U.S. oversight is appropriate and in the best interests of both the American people and the global internet community."
Why would Congress be concerned about the global internet community? Because the U.S. government is ceding its role as steward of the global internet to ICANN: "No government owns or controls the root level of the Internet. Nor does ICANN or any other single entity .... In effect, ICANN serves as a trustee of the Internet’s unique names and numbers in service to all Internet users." --source: Weinstein et al v Iran and ICANN - U.S. Amicus Curiae Brief (pdf).

Although NTIA said in its March, 2014, announcement, it was transitioning its stewardship role to the global multistakeholder community, in reality, this whole process has been about NTIA transitioning its stewardship role to ICANN, the California corporation. Note that sole control of the Internet root zone will soon be ICANN's alone--ICANN is currently drafting a new contract for Verisign, the current Root Zone Maintainer (RZM), that will allow ICANN to make changes in the future, including taking over that additional role itself. That is an unprecedented concentration of power that NTIA is proposing to give to ICANN, the California corporation, in perpetuity. Why shouldn't the operators of the ccTLDs (ccNSO), and gTLDs (Registries Stakeholder Group), as well as the Root Name Server Operators (there are 12 including Verisign and ICANN), the IETF and RIRs, select the Root Zone Maintainer (RZM)? What happens, if and when, the "community" decides to change the IANA functions operator (IFO) from ICANN (or its PTI), to a new third party, only to discover that ICANN, in its new future role as Root Zone Maintainer, is now blocking or overwriting the work of the new IFO? Note also that ICANN has been aggressively expanding the number of its L Root Server sites, which according to this map now total 143 globally, far exceeding the number of sites of any other Root Server Operator which range from only 1 (ISI "B") to 109 (Verisign "A"+"J"). Whether or not it is ICANN's intention (now or in the future) to not only replace Verisign as Root Zone Maintainer, but also become sole operator of the Internet's root servers, once this transition is completed, ICANN will have that capability, thanks to the Obama administration, the bureaucrats at NTIA, a complacent and compliant Congress, and this flawed IANA Transition process.

Recall that this whole process started with the NTIA announcement in March, 2014, which only covered U.S. oversight of the IANA functions via the IANA contract. At that time, ICANN directors and officers were confident that a proposal could be delivered within a year, obviating any need to extend the IANA contract beyond September 30, 2015. In the summer of 2014, at the insistence of the "ICANN community," ICANN accountability was added as a separate, but equal, component of the whole IANA transition process. Today, ICANN accountability issues are the sticking points in the whole process. In comparison, the elimination of the U.S. government role in the IANA functions is a piece of cake, after all, the IANA functions used to be run by just one person, Jon Postel (see this pdf, p.5), and, as testified this week before Congress, the IANA functions are clerical in nature, not "rocket science."

One thing is now clear, Larry Strickling, and indeed, all of NTIA and the U.S. Department of Commerce, were, apparently, clueless about the extensive problems the "ICANN community" had with ICANN--the California corporation, its directors, officers, and staff--which is somewhat hard to understand since NTIA had threatened to remove ICANN as the IANA functions operator in 2012:
The New York Times March 18, 2012: "A boardroom dispute over ethics has broken out at the organization that maintains the Internet address system after its most important supporter, the United States government, reproached the group for governance standards said to fall short of “requirements requested by the global community.”..."
Part of the systemic and continuing problems at ICANN is the failure of both ICANN, and the "ICANN community," to understand their respective roles and responsibilities. ICANN is not an example of a multistakeholder-run organization and never has been. ICANN is an example of a California non-profit corporation controlled by a Board of Directors that have legal fiduciary duties including the duty to act in the global public interestalbeit in an environment where various designated stakeholder groups have policy-making roles, and some of those groups have a right to elect some of the corporation's directors. This leads to tensions, e.g., when special interests, such as the domain name industry, dominate and control the GNSO and advocate for policies that may not be in the global public interest, or disagree with other Board decisions. While bringing the Advisory Committees, particularly ALAC and GAC, into the "empowered community" may improve ICANN, the CCWG-Accountability, unfortunately, completely neglected issues concerning selection and qualification of ICANN Directors, other than removal.  This is tragic because so many of the problems at ICANN stem from a Board of Directors whose members appear to be passive, or lacking in an understanding of their important and vital legal role within ICANN's corporate governance structure, or their fiduciary duty to the global internet community. In particular, the failure of the ICANN Board of Directors to hold ICANN officers and staff accountable, has been striking. Just one example (of many): Why would any competent ICANN director allow an ICANN President to spend his, and ICANN staff time, and hundreds of thousands of dollars in ICANN funds, to establish and bankroll organization(s) outside the scope of ICANN's mission? For more see: ICANN President & CEO Fadi Chehade's Last Letter to Dilma Rousseff.

In any event, that is where we are now, more to come. See below the tentative timeline going forward (source: from the prepared testimony at this week's Congressional hearing):

• March 11 – June 11: NTIA assesses transition plan
• April 15: Draft revisions to ICANN bylaws released
• April 15 – May 15: Public Comment on ICANN bylaw revisions
• Mid – April: Root Zone testing begins
• April – May: Public review period on the RZM Contract (ICANN & Verisign)
• May 31: ICANN Board approves draft bylaw revisions
June 15: NTIA submits plan to Congress for review
June 16: Congressional review begins
• August – September New agreements are executed:
o Relationship agreements for the IANA including establishment of the PTI
o New RZM Contract
• October 1 Transition complete

Week ahead: Subject to future editorial changes, coming up on Domain Mondo:
  • Fintech Startup, Investment App, Millennials
  • Mobile Connectivity, Internet of Things
  • Massive Revaluation: Tech Valuations
  • Digital Currency, Blockchain Technology

Five most popular posts at DomainMondo.com this past week (# of pageviews Sun-Sat):

1. News Review [March 13]: ICANN, IANA Transition Plan, NTIA, and U.S. Congress
2. U.S. House Subcommittee, IANA Transition Hearing, March 17th Video
3. ICANN President & CEO Fadi Chehade's Last Letter to Dilma Rousseff
4. Brazil Insulted by ICANN President & CEO Fadi Chehade Farewell Letter
5. WIPO: Domain Cybersquatting Cases Up in 2015, Driven by New gTLDs

Final Note: Don't miss Domain Mondo's post yesterday: NTIA's Larry Strickling Et Al: Internet Governance in a Post-American World (video)

Have a great week!

-- John Poole, Editor, Domain Mondo

UPDATE March 29: News Review: France Blasts IANA Proposal, Berkman to Assess ICANN | DomainMondo.com (March 27, 2016)



DISCLAIMER

2015-08-18

NTIA Will Extend ICANN IANA Contract to September 30, 2016

Assistant Secretary for Communications and Information and NTIA Administrator, Lawrence E. Strickling, has announced plans to "extend our IANA contract with ICANN for one year to September 30, 2016. Beyond 2016, we have options to extend the contract for up to three additional years if needed. This one-year extension will provide the community with the time it needs to finish its work. The groups are already far along in planning the IANA transition and are currently taking comments on their IANA transition proposals. As we indicated in a recent Federal Register notice, we encourage all interested stakeholders to engage and weigh in on the proposals. The Internet’s global multistakeholder community has made tremendous progress in its work to develop a proposal to transition the historic stewardship role NTIA has played related to Internet’s domain name system (DNS)." 

Strickling also announced:

"In preparation for the implementation phase of the IANA stewardship transition, NTIA also asked Verisign and ICANN to submit a proposal detailing how best to remove NTIA’s administrative role associated with root zone management, which the groups working on the transition were not asked to address. We asked Verisign and ICANN to submit a proposal detailing how best to do this in a manner that maintains the security, stability and resiliency of the DNS. Under the current root zone management system, Verisign edits and distributes the root zone file after it has received authorization to do so from NTIA. Verisign and ICANN have developed a proposal that outlines a technical plan and testing regime for phasing out the largely clerical role NTIA currently plays in this process. The testing will occur in a parallel environment that will not disrupt the current operation of the root zone management system. These developments will help ensure that the IANA transition will be done in a manner that preserves the security and stability of the DNS."

Verisign/ICANN Proposal in Response to NTIA Request (pdf): The Root Zone Management System (RZMS) is a set of tools, which currently allows ICANN as the IANA Functions Operator (IFO), Verisign, as the Root Zone Maintainer (RZM), and the National Telecommunications and Information Administration (NTIA) at the U.S. Department of Commerce (DoC), as the Root Zone Administrator (RZA), to collaboratively manage the changes to the Internet’s single authoritative root zone ... There are three key components of the DNS that are managed by the RZM in conjunction with the IFO and are required for proper function of the DNS root. Those key components are 1) the root zone, 2) the root-servers.net zone, and 3) the root hints file. All three of these work products are produced utilizing the same process and procedures and currently require NTIA authorization for changes. In addition, there are supplemental items that require NTIA authorization related to DNSSEC specifically, the Signed Key Response (SKR).

Q. Will there be a new agreement to perform the RZM function post the IANA stewardship transition?
A. Verisign performs the RZM function today, including multiple daily publications of the root zone file, under the Cooperative Agreement with the Department of Commerce. It is anticipated that performance of the RZM function would be conducted by Verisign under a new RZM agreement with ICANN once the RZM function obligations under the Cooperative Agreement are completed.
Q. Has a final new RZM agreement between Verisign and ICANN been completed?
A. No.
Q. Does this proposal or the anticipated new RZA agreement impact Verisign’s .com or .net registry agreements?
A. No. This proposal and the IANA stewardship transition do not impact the .com and net registry agreements. RZM is a separate function performed at no cost as a public service by Verisign spanning three decades.
Q. How will this impact the Cooperative Agreement between NTIA and Verisign?
A. The Cooperative Agreement between NTIA and Verisign will continue. Once the parallel testing for root zone management has proven capable of performance in the absence of the RZA / NTIA role and the IANA Stewardship transition implemented, NTIA and Verisign will amend the Cooperative Agreement as appropriate.

See also on Domain Mondo: ICANN Accountability, IANA Transition, Proposals, Comments, Webinars

Domain Mondo archive