Country will announce winner in May.
Colombia has issued a request for proposals to run the .co country code domain for the next ten years.
.Co Internet began commercialization of the domain name in 2010, making the extension a household name through savvy marketing and a Super Bowl commercial.
Neustar acquired .Co Internet for $109 million in 2014.
When the contract renewal came up for bid six years later, Neustar argued it had a right to a 10-year extension and filed a $350 million claim with Colombia’s government.
The parties settled the dispute, with Neustar gaining a five-year extension. The terms of the contract were drastically different than the first one; the government said it received about 6%-7% of revenues under the previous model and would receive 81% under the contract extension.
Shortly after getting the extension in 2020, Neustar sold its registry business to GoDaddy.
Colombia has a tight timeline for its request for proposals. Bids are due May 8, and the contract award will be announced May 26.
Hat tip: CircleID.
Hi, what do you think about the value of my domains:
Whitest.Co
PublicRelation.Co
Zero value.
You need to register very high-quality domains in .co. What would you use whitest .co for? Even if you could use it for teeth whitening, it sounds racist. And PublicRelation isn’t a term that’s used, relations always has an s at the end.