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For handset makers, it's all about location

A prior version of this story inaccurately stated the status of TomTom's acquisition of Tele Atlas. TomTom offered to purchase Navteq rival Tele Atlas this summer for just over $2 billion.

A prior version of this story inaccurately stated the status of TomTom's acquisition of Tele Atlas. TomTom offered to purchase Navteq rival Tele Atlas this summer for just over $2 billion.

Read the updated story here.