The government of Tuvalu has voiced its displeasure at the return it
has received from handing over the operation of the .TV ccTLD to
VeriSign.
Tuvalu received about US$2 million a year from VeriSign for use of the
ccTLD, however the country’s finance minister believes this is a poor
return.
“We are negotiating but we are tied because of the agreement that was
signed before us. We cannot negotiate for an increase until 2016,”
Tuvalu’s Finance Minister, Lotoala Metia, told Radio New Zealand
International.
“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.”
Going by reports from Radio New Zealand International and Radio
Australia, the Tuvaluan government will be fielding other options for
the operation of the .TV ccTLD when the current contract with VeriSign
expires in 2016.
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