NAVTEQ gets new CEO

Larry Kaplan, formerly EVP and General Counsel at NAVTEQ has been appointed new CEO of the company in replacement of Judson Green.

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Global Handset Nav Subscriber Base To Grow To 26 Million By 2010, according to ABI Research

While application stores are expected to become an important channel for the distribution of navigation software, many carriers and handset manufacturers prefer to pre-install or bundle navigation software with their phones and offer plans based on strategic partnerships with navigation developers.