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Navteq expands MapQuest deal to 73 countries



By AP
20 May 2008 @ 02:26 pm EST

CHICAGO - Digital mapmaker Navteq Corp. said Tuesday it expanded its agreement with AOL-owned MapQuest to provide it access to all of the 73 countries in its map database, as well as future country releases.

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Financial terms were not disclosed. Navteq previously had access to about 63 countries, according to a company spokeswoman.

MapQuest will use Navteq data in its Internet and mobile applications.

Shares of Navteq fell 10 cents to $76.19 in afternoon trading. AOL is a division of Time Warner Inc.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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