AMSTERDAM, Feb 24 - Dutch navigation device maker TomTom reported a €989m ($1.3bn) net loss on Tuesday, citing a writedown on its Tele Atlas acquisition, and said it was considering renegotiating its debt again.

Given the economic downturn and its knock-on effect on consumer spending, TomTom said ”scenarios can be envisaged where the loan covenants could be breached” and that it was exploring options, including renegotiating terms.