“After Amazon and after a few of the other deals that we’ve done over the past few months, the price of one character .Co domain is already north of $1.5 million”.
Reuters.com was quick to point out that there were only 28,000 .Co registrations before the relaunch which passed 1 million registered domains.
“Colombia, which had only 28,000 registered Internet addresses before it opened up the .co domain a year ago, has just signed up its millionth customer.”
Another interesting point from the Reuters story:
“Juan Calle, a Colombian and a serial Internet entrepreneur, raised $5 million to start .CO Internet and beat rivals including VeriSign (VRSN.O), which serves as the global registry for .com and .net, to win the government contract to operate the .co domain.”