Yes! There are plenty of shady companies or should I say wanna be web hosting companies. They lease servers. Companies like Godaddy, in fact all server companies offer this to re-sellers. In return those companies re-sell the hosting to you at a mark up. The best hosting companies are also registrants of domain names with ICANN. The top dogs for hosting are: Amazon, Google, Microsoft. Their prices are beyond affordable. They all compete for government contracts. In fact Microsoft beat Amazon out of one this week. Amazon is now suing the government. Only in the USA!