Price reduction for .ie web domain names

IE Domain Registry, the managed registry for Ireland’s dot.ie domain names, has today announced a 13% price reduction for new domain registrations and renewals, with effect from January 1, 2007.

This latest price reduction follows a series of price cuts, including 20% in 2006, 12.5% in 2005 and 10% in 2004.

The announcement today brings the total reduction in .ie domain registrations and renewals to 50% since 2003.

According to the company, the 13% price reduction has been introduced as a result of continued growth in registrations, which have now passed 70,000, almost 40% of the market.

This represents a 30% increase on the total number of .ie Domains in the last 12 months.

“A 50% reduction in our prices since 2003 clearly shows the IEDR’s commitment to giving consumers value for money,” said IEDR chief executive David Curtin. “With over 70,000 .ie domains which represents almost 40% of the Irish domain market, the sustained growth of the IEDR demonstrates the demand for domains from a highly respected managed registry.”