Company that paid $3.5 million for is selling subdomains

This business model might look familiar.

A booth for was GuruConf in Kiev, Ukraine

The company that acquired started marketing subdomains at GuruConf in Kiev, Ukraine, in September.

The company that acquired for $3.5 million has a business plan that might look familiar.


Intis Telecom’s main business is SMS marketing. But it recently acquired for $3.5 million on a payment plan. It paid $1.5 million upfront and is paying the rest off over three years. (James Booth represented the seller.) has nothing to do with the SMS business, however. The company is offering subdomains like, with an emphasis on action words like and

It plans to do this with lots of other domains. Over the past ten months, the company has acquired 10 ‘it’ domains in various extensions. But is its biggest investment. Before this domain, the most it had paid was $25,000 for (That’s the country code for Kazakhstan.)

Selling subdomains was CentralNic’s business model many years ago, although it focused on domains that were very similar to country codes, such as


A challenge for businesses using a name like this is that they aren’t regulated by ICANN. There’s no recourse if the company that owns the second level domain decides to stop offering the service. CentralNic ended up doing just that with a number of the domains. It’s also worth noting that CentralNic offered its domains when there was a lot less choice for domain extensions.

Post link: Company that paid $3.5 million for is selling subdomains

© 2021. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact editor (at) Latest domain news at Domain Name Wire.

Original article: Company that paid $3.5 million for is selling subdomains

©2021 Domain Observer. All Rights Reserved.