Home PageFacebookRSS News Feed
PocketGPS
Web
Read the current newsletter! Weekly
Newsletter
SatNav,GPS,Navigation
News: TeleAtlas denies talks of TomTom Split

pocketgpsworld.comWith 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


Article Rating

Average Score: 0
Votes: 0

Please take a second and vote for this article:

Excellent
Very Good
Good
Regular
Bad


Options


 Printer Friendly Printer Friendly

 Send to a Friend Send to a Friend


Sorry, Comments are not available for this article.
Make a Donation



CamerAlert Database

Click here for the PocketGPSWorld.com Speed Camera Database

Download Speed Camera Database
20.094 (28 Sep 22)



WORLDWIDE SPEED CAMERA SPOTTERS WANTED!

Click here to submit camera positions to the PocketGPSWorld.com Speed Camera Database


12mth Subscriber memberships awarded every week for verified new camera reports!

Submit Speed Camera Locations Now


CamerAlert Apps



iOS QR Code






Android QR Code







Terms & Privacy


GPS Shopping