NAVTEQ Announces Nokia Regulatory Filing in Europe
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CHICAGO, Feb. 19 -- NAVTEQ Corporation (NYSE:NVT), a leading global provider of digital map data for vehicle navigation and location-based solutions, announced that today Nokia Corporation filed the necessary notification to the European Commission in regards to its pending acquisition of NAVTEQ. Completion of the acquisition is subject to receipt of European regulatory approval and the satisfaction of the other closing conditions set forth in the merger agreement.
About NAVTEQ
NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has approximately 3,300 employees located in 167 offices and in 31 countries.
Source: NAVTEQ Corporation
CONTACT: Media, Jennifer Schuh of NAVTEQ Corporation,
+1-312-894-3913,
jennifer.schuh@navteq.com;
or
Bob Richter,
+1-212-802-8588,
bob@richtermedia.com, for NAVTEQ Corporation;
or
Investors, Thomas R. Fox of NAVTEQ Corporation,
+1-312-894-7500,
investorrelations@navteq.com
Web site: http://www.navteq.com/
