Price reduction for Irish website registrations

The IE Domain Registry (IEDR), the managed registry for Ireland’s dot.ie domain names, has introduced its most significant price reduction to date.

As of this week a 20% price reduction for new dot.ie domain registrations and renewals of domains will come into effect.

This latest price reduction follows a series of price cuts, including 12.5% in January 2005 and 10% in January 2004.

The 20% price reduction has been introduced as a result of high growth rates of registrations, which surpassed 54,000 by the end of 2005, positioning dot.ie domain names as the Irish market leader, with 46% of the market.

The surge in growth of registrations is largely driven by the IEDR’s internal process improvements, a buoyant economy and by the national roll-out of broadband, leading to an increased number of Irish businesses and consumers harnessing the full potential of the internet.

David Curtin, chief executive of the IEDR, said: “The IEDR is committed to giving consumers value for money, by taking the appropriate steps to reduce costs. The continued streamlining of our operational and administrative systems has enabled us to pass on the benefits of these efficiencies to our customers.”