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'''TelNic''' is a Registry Operator and Sponsoring Organization for the new .tel sponsored top level domain (sTLD) based on Uk. <ref>[http://icannwiki.org/Telnic ICANNWiki.org]</ref>. It was founded on UK in 2000 and was launched to the general public on March 24th 2009 and has since registered over 275,000 .tel names.<ref>[http://www.crunchbase.com/company/telnic Crunch Base Profile]</ref>.
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'''TelNic''' is a Registry Operator and Sponsoring Organization for the new .tel sponsored top level domain (sTLD) based on Uk. <ref>[http://icannwiki.org/Telnic ICANNWiki.org]</ref>. It was founded on UK in 2000 and was launched to the general public on March 24th 2009 and has since registered over 275,000 .tel names.<ref>[http://www.crunchbase.com/company/telnic Crunch Base Profile]</ref>.Industry experts recently predicted purchase of over one billion .tel domains by the year 2013. <ref>[http://www.startuptv.co.uk/directory/it/telnic.html StarUp Tv]</ref>
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Telnic is the pioneer of creating new technology for publishing and discovery platform, by combining an innovative use of existing internet infrastructure with a new purpose domain name system. This  allows companies and individuals to create a virtual vCard or contact directory that enables users to easily and instantly "click to connect" via their preferred device. <ref>[http://multivu.prnewswire.com/mnr/prne/telnic/37554/ PR NewsWire]</ref>..tel owners can take control of how people interact with them under a domain that they own while .tel users can discover contact information in a quick, easy and cheap manner.
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Telnic is the pioneer of creating new technology for publishing and discovery platform, by combining an innovative use of existing internet infrastructure with a new purpose domain name system. This  allows companies and individuals to create a virtual vCard or contact directory that enables users to easily and instantly "click to connect" via their preferred device. <ref>[http://multivu.prnewswire.com/mnr/prne/telnic/37554/ PR NewsWire]</ref>.tel owners can take control of how people interact with them under a domain that they own while .tel users can discover contact information in a quick, easy and cheap manner.
    
==History==
 
==History==
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- a single, low-cost annual registration fee with all the tools necessary to manage a .tel included  
 
- a single, low-cost annual registration fee with all the tools necessary to manage a .tel included  
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==Approval of .tel Domain by ICANN==
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During October, 2000, TelNic first unsuccesfully applied for the .tel in the first round of TLD applications. However, ICANN encourages Telnic to re-submit in the following round after building a proof of concept.<ref>[http://icannwiki.org/Telnic ICANNWiki.org]</ref>
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Telnic finally re-submits its modified application to ICANN for the .tel sTLD March 2004. On May 2006, Telnic’s application is successful and ICANN signs a formal agreement authorizing Telnic to operate the .tel sTLD. The ICANN .tel Registry Agreement was published in May 2006 and can be viewable by public. <ref>[http://www.icann.org/en/tlds/agreements/tel/ ICANN.org]</ref>. TelNic gets a ten-year contract with ICANN and the fee paid by Telnic to ICANN will be measured by the number of .tel registrations and on the wholesale registration price. <ref>[http://www.pcworld.com/article/125715/new_tel_domain_is_approved.html Pc World]</ref>
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According to Justin Hayward, Telnic's communications directo, by that time the startup has spent about $15 million on the years of engineering needed to perfect the technology. <ref>[http://www.businessweek.com/globalbiz/content/oct2008/gb20081022_946906.htm Bloomber Business Week]</ref> He also commented that "It is a bit like an interactive business card on the Web that you can change and give to anyone so they can reach you.". The service was set to go live on December, 2008.
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==References==
 
==References==
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