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	News: TeleAtlas denies talks of TomTom Split With analysts hinting that Tomtom may have to sell off TeleAtlas in order to meet loan payments TeleAtlas have been quick to deny this is being discussed. TomTom took a considerable financial gamble with the acquisition of mapmaker TeleAtlas following a bidding war with Garmin. The combined effect of the purchase price and the global downturn has resulted in a very gloomy outlook for the Dutch Satnav brand with ever increasing losses and suggestions that loan covenants may be breached. Click here to read more... Click here to discuss... Posted on Friday, May 22 @ 09:39:32 UTC by Darren Griffin


	Related Links · More about · News by Darren Griffin Most read story about : TomTom Announce Navigator for Smartphone, Symbian and Sony P900


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