VeriSign (the authoritative registry of domain names such as .com, .net, .tv, and others) will increase .com and .net domain names prices with effect from July 1st. The price increase affects the wholesale prices to domain name registrars by up to $0.50. Apparently, the price rise will extend to the end consumers.
The increase in fees will be used to upgrade Verisign’s infrastructure to cope with the huge rise in domain names registration (Increase in 15 million domain names from the close of 2008 to 2009).
Therefore, if you plan to register or renew .com/.net domain names, take advantage of the lower prices from now up till July 1st of 2010.
Logen L.
Sources: Verisign Press Release