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On February 12, 2002, the University informed ICANN that its plan to commercialize .co will no longer proceed, it is experiencing great difficulty managing the operations of the ccTLD after the Council decisions in 2001 and it is planning to terminate its administrative and operational responsibilities in operating the domain name. The University also offered its' full cooperation with ICANN in the smooth and successful transition of the domain name to a new administrator. On May 7, 2010, a resolution was issued by the Colombian Government that confers with Law 72 0f 1989 stating that ".co is a public asset in the telecommunications sector, the administration, maintenance and development of which shall be planned,  regulated and controlled by the State, through the Ministry of Communications." Three days after, a meeting between representatives from the University, Ministry of Communications and ICANN was conducted regarding the future administration of .co, which resulted to an agreement that the University will continue to handle operations of the domain name. On August 12, 2003, the Colombian Minister of Communications informed ICANN that it will take over the administration of the .co due to a directive issued by Council State of Colombia.
 
On February 12, 2002, the University informed ICANN that its plan to commercialize .co will no longer proceed, it is experiencing great difficulty managing the operations of the ccTLD after the Council decisions in 2001 and it is planning to terminate its administrative and operational responsibilities in operating the domain name. The University also offered its' full cooperation with ICANN in the smooth and successful transition of the domain name to a new administrator. On May 7, 2010, a resolution was issued by the Colombian Government that confers with Law 72 0f 1989 stating that ".co is a public asset in the telecommunications sector, the administration, maintenance and development of which shall be planned,  regulated and controlled by the State, through the Ministry of Communications." Three days after, a meeting between representatives from the University, Ministry of Communications and ICANN was conducted regarding the future administration of .co, which resulted to an agreement that the University will continue to handle operations of the domain name. On August 12, 2003, the Colombian Minister of Communications informed ICANN that it will take over the administration of the .co due to a directive issued by Council State of Colombia.
ON July 29, 2006, Law 1065 of 2006 was enacted by the Colombian Government stating that the Ministry of Communications is responsible in administering registration services of .co ccTLD and it may award a 10-year contract to private parties to handle it in accordance with the law. The agreement is renewable for one term only.
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ON July 29, 2006, Law 1065 of 2006 was enacted by the Colombian Government stating that the Ministry of Communications is responsible in administering registration services of .co ccTLD and it may award a 10-year contract to private parties to handle it in accordance with the law. The agreement is renewable for one term only.On June 2007, ICANN Root Zone Management Staff explained the requirements for the re-delegation process for the .co domain name to the Ministry of Communications and encouraged the Ministry to carry out an open and transparent bottom-up consensus driven approach in selecting the next trustee for the .co ccTLD.<ref>[http://www.iana.org/reports/2009/co-report-24nov2009.html Redelegation of the .CO domain representing Colombia to .CO Internet SAS]</ref>
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On August 19, 2009, .CO Internet S.A.S. was selected by the Ministry to serve as the next administrator of the domain.<ref>[http://www.cointernet.co/media/press-releases/colombia-awards-co-cctld-registry-contract-co-internet-sas Colombia Awards .CO ccTLD Registry Contract to .CO Internet S.A.S.]</ref> IANA received a re-delegation request from the Ministry on September 17, 2009. The [[ICANN Board]] approved the re-delegation of the domain to .CO Internet S.AS. on December 9, 2009.<ref>[https://community.icann.org/display/tap/2009-12-09+-+Redelegation+of+the+.CO+Domain 2009-12-09 - Redelegation of the .CO Domain]</ref>
    
==References==
 
==References==
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