Top Level Domain Holdings Ltd (AIM: TLDH) has welcomed the latest move by the Internet Corporation for Assigned Names and Numbers (ICANN) to authorise the creation of new top-level domains (TLDs), or web addresses, in non-Latin scripts.
It said the move will allow countries around the world for the first time ever to create their own TLD - the equivalent to .com, .net, or .uk - without using the Roman alphabet, but their respective own languages.
Top Level Domain Holdings chairman and CEO Fred Krueger commented: “We congratulate the ICANN board for authorizing non-Latin top-level domains, the first meaningful expansion of the Internet namespace and a truly global benefit to internet users.”
Top Level Domain Holdings intends to make targeted investments in the TLD space, focusing on both infrastructure technologies and specific top level domains.