[pima.nius] TUVALU SAYS INTERNET DOMAIN YIELDS ‘PEANUTS’

PACIFIC ISLANDS REPORT

Pacific Islands Development Program/East-West Center
With Support From Center for Pacific Islands Studies/University of Hawai'i

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TUVALU SAYS INTERNET DOMAIN YIELDS 'PEANUTS'
DotTv pays Tuvalu $2 million a year

WELLINGTON, New Zealand (Radio New Zealand International, July 5, 2010) – Tuvalu's Finance Minister says the country isn't getting enough money from the US company which bought the [country's Internet domain: .tv.

The government sold its internet domain code in the late 1990s when the Internet was in its infancy.

The domain is operated by DotTv, a VeriSign company, which pays Tuvalu about two million US dollars a year for use of the name.

Lotoala Metia feels VeriSign should be paying more for use of the name but says the company is playing hardball.

"We are negotiating but we are tied because of the agreement that was signed before us. We cannot negotiate for an increase until 2016. Counter offers have been made but they are not acceptable to the government of the day. So we have to stick to our guns now. They're giving us peanuts."

Radio New Zealand International:

www.rnzi.com
Copyright © 2010 RNZI. All Rights Reserved

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aotearoa, new zealand
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