Wait Listing Service
WLS (Waiting List Service) is a service provided by registrars to give potential registrants or subscribers the opportunity to reserve their desired domain names that are currently registered for one year. Under this service a registrant may purchase a one year subscription for a particular domain name under a registrar which will directly perform the transaction with the Verisign GRS. A domain name being subscribed under the Waiting List Service will only be registered to the subscriber in the event when the owner of the domain name underwent through the normal operational process of registration deletion. For example, the present registrant submitted a request for the deletion of his or her domain name with the registrar.[1]
Background
Verisign proposed the Waiting List Service as a new registry offering to domain name subscribers to ICANN on March 21, 2002. In addition, the company also requested the internet governing body to change its .com & .net registry agreement to include WLS with a $35 subscription fee.[2]