This is not the crisis it's being portrayed as. Up until a year or two ago. .io was run directly by the ICB. It had issues as it's not straight forward managing root level dns and the other related tasks of a registry.
Since then a company called Afilias is running .io (they also run .org, .info among many others). Whoever maintains governance of the .io tld is separate from the actual infrastructure running .io. As long as the owners of .io want to keep cashing the checks then nothing will change as the whole operation is outsourced. This is similar to the island of tuvalu outsourcing all of .tv to verisign (they are the .com registry)
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This is not the crisis it's being portrayed as. Up until a year or two ago. .io was run directly by the ICB. It had issues as it's not straight forward managing root level dns and the other related tasks of a registry.
Since then a company called Afilias is running .io (they also run .org, .info among many others). Whoever maintains governance of the .io tld is separate from the actual infrastructure running .io. As long as the owners of .io want to keep cashing the checks then nothing will change as the whole operation is outsourced. This is similar to the island of tuvalu outsourcing all of .tv to verisign (they are the .com registry)
Source: I work in the domain industry
I think the point is that if given to Mauritius, it will no longer be an independent territory and thus will no longer warrant a ccTLD.
On the other hand, .su is still going strong