.co domains: Team Internet and CCI REG awarded 10-year contract

Team Internet Group Plc (AIM: TIG, OTCQX: TIGXF) announced that Colombia’s Ministry of Information and Communications Technology (“MINTIC”) has awarded Team Internet, in partnership with Colombian domain registrar CCI REG, a 10-year contract to manage and operate Colombia’s country code top-level domain, .co.

The mandate will be executed by Equipo PuntoCo, a newly formed joint venture between Team Internet and CCI REG. Under the terms of the agreement, Equipo PuntoCo will retain 8% of gross revenues from .co domain registrations and renewals as compensation for its registry services. With more than 3 million active registrations, .co is one of the world’s most prominent and trusted country-code domain extensions. While rooted in Colombia, .co has earned a global reputation as the domain of choice for startups, creators, and enterprises seeking a short, brandable, and credible online identity. Its continued success reflects both domestic and international adoption, making it a digital asset of national and global significance.

CEO Comment

Michael Riedl, CEO of Team Internet, commented:

” Winning the .co mandate is a milestone moment for Team Internet. It strengthens our position as a global leader in domain infrastructure and affirms our capability to manage nationally critical internet assets with trust, stability, and innovation. Together with our joint venture partner CCI REG, we are honoured to be entrusted with this responsibility by the Colombian government on behalf of the people of Colombia. We are deeply grateful for their trust and excited to support the digital ambitions of millions of .co users in Colombia and around the world.”