Mauritius, which has pledged to encourage all initiatives which go towards the development of the new economy - in particular the Internet and e-commerce activities - has taken the unusual stop of selling the rights to its country-code top level domain name (ccTLD). The move comes after similar sales were made by fellow small island nations Tuvalu and Western Samoa.
A California-based company, Dot.Mu has bought the rights to control .mu, the domain that was originally assigned to Mauritius. Now the US company is selling the .mu domain names at US$100 for a two-year period of use. The TLD is now being assigned to music-related Internet sites.
The Mauritius government has not revealed the exact terms of its deal with Dot.Mu but the domain name's value is thought to have fallen recently, especially now that ICANN is to introduce seven new domains this year such as .biz and .info. to add to existing ones.
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