Verisign obtained licenses to provide domain name registry services for .com and .net in China in July 2016. As such, .com and .net domain name registrations are not affected.
Verisign is engaged in discussions with the Chinese government to obtain licenses to provide domain name registry services for .cc, .tv and our Chinese IDNs. We submitted our updated applications in July 2017. We expect to begin to engage in discussions with the Chinese government about our final evaluation and ultimately obtain licenses for .cc, .tv and our IDNs.
We will continue to distribute our products through the existing group of licensed registrars, which continue to process new .cc and .tv registrations: HiChina, Bizcn, Chinasource and 35 Tech. Renewals of existing .cc and .tv domain name registrations are not affected and will follow the standard renewal process. We view obtaining a license for our Chinese IDNs as a prerequisite to their launch.