
Yahoo! Inc. (NASDAQ:YHOO) has filed arbitration with the National Arbitration Forum to gain ownership of the domain name Yahoo.tel. Yahoo.tel is currently owned by a man in Spain named David Blanco.
This is the first time that a major technology company has tried to get a .tel domain name through arbitration.
Google registered their .tel domain name during their “sunrise period” for roughly $300. Arbitration of the .tel domain name will cost Yahoo! over $1,500 plus legal expenses.
Currently Yahoo.tel has a link to David Blanco’s blog, his location on Google Maps, and lists his hobbies and interests. Google.tel currently links to Google.com.