TomTom said on Tuesday its deals with carmakers are worth about 1.6 billion euro...
FILE PHOTO: TomTom navigation are seen in front of TomTom displayed logo in this illustration taken July 28, 2017. REUTERS/Dado Ruvic/File Photo
Earlier this year, the Amsterdam-based company said it would focus on growing its digital maps business after it sold its fleet management business to Japan’s Bridgestone for 910 million euros. The company also said it would look at its cash position next year to decide on a possible share buyback program.
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