Tuvalu wants more $$ before .tv

PHOTO

Tuvalu, internet hotspot. [www.flickr.com]

Last Updated: Tue, 6 Jul 2010 15:19:00 +1000

The government of Tuvalu is hoping to secure more funds from the owners of the ".tv" internet domain name.

Tuvalu sold the country's domain code in the late 1990s to an American company for a reported $2 million a year.

An internet top-level domain is generally reserved for a country, such as NZ for New Zealand, AU for Australia and FJ for Fiji.

The Tuvalu finance minister says the country is trying to seek an increase in the annual fee.

The PacNews news agency says it is unlikely to change before 2016.