TomTom denies reports it wants to sell PND division

Tuesday 2 July 2013 | 11:38 CET | News
Dutch navigation devices manufacturerTomTom is denying reports it wants to sell its consumer personal navigation device (PND) division, the Financial Times reported. The reports were prompted by an interview of CEO Harold Goddijn by the NRC Handelsblad, who declined to rule out the sale of the division. TomTom said the statement was taken out of context and that it had no plans to sell the PND division". In earlier interviews, Goddijn had been unwilling to discuss divesting what the company has traditionally seen as core businesses, insisting the company could turn its trajectory around in

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Google / Nokia / TomTom
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.