Digital Pandit
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Tucows reveals portfolio sale price and data center plans.
Domain name, mobile and internet services company Tucows (NASDAQ: TCX) released earnings for Q4 and full-year 2018 yesterday.
In its pre-recorded commentary about the earnings, the company disclosed that it generated about $3.2 million from a bulk sale of domains from its portfolio in Q4. Elliot Silver reported on this transaction with GoDaddy in December. The two companies completed a similar transaction in Q4 2017 but for only $2 million. The 2017 transaction was for approximately 10% of Tucows’ domain portfolio excluding surname domain names.
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Domain name, mobile and internet services company Tucows (NASDAQ: TCX) released earnings for Q4 and full-year 2018 yesterday.
In its pre-recorded commentary about the earnings, the company disclosed that it generated about $3.2 million from a bulk sale of domains from its portfolio in Q4. Elliot Silver reported on this transaction with GoDaddy in December. The two companies completed a similar transaction in Q4 2017 but for only $2 million. The 2017 transaction was for approximately 10% of Tucows’ domain portfolio excluding surname domain names.
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