TomTom shares jump after Apple renews digital maps contract
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Amsterdam
DUTCH navigation systems company TomTom NV said Apple Inc would continue to buy its digital maps, giving a vote of confidence that sent the Dutch company's shares more than 7 per cent higher to a near six-year high.
TomTom did not release details of the latest deal between the two companies, which some analysts said may be skewed in Apple's favour due to the prestige that accrues to TomTom for working with the US company.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
