26 Mar '15, 5am

JointVentureNEWS On 25 March 2015, Power Auctions LLC, ICANN's authorized auction service pr... #gTLDJointVenture

ICANN : Results Available for 25 March 2015 New gTLD Program Auction Tweet On 25 March 2015, Power Auctions LLC, ICANN's authorized auction service provider, conducted a New gTLD Program Auction to resolve string contention for two new generic top-level domain (gTLD) strings: .PING and .SRL. Applicants for each string were unable to resolve contention among themselves; thus their contention set proceeded to auction, which is the method of last resort to resolve string contention as prescribed in Module 4 of the New gTLD Program Applicant Guidebook. Subject to payment of the winning price and meeting all other criteria for eligibility, the winner will enter ICANN's contracting process to sign a Registry Agreement to operate the gTLD. Two applicants participated in the auction for PING. Ping Registry Provider, Inc. prevailed with a winning price of $1,501,000. Two applicants...

Full article: http://www.domainnews.com/icann-results-available-for-25-...

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