User 110305

Garmin Will Recover From Navteq-Based Selloff

Interesting though, but much of the Garmin business relies on the Navteq data. With Nokia in control, it is Nokia who sets the prices and not Garmin. With TomTom in control with TeleAtlas this may be good news are margins stay up.

An other alternative would be for Garmin to buy their own mapping company, after all they work together with many small local map makers and also with AND. This company AND might be very interesting since they recently announced to offer high detail data of Europe as well.