With companies running out of features to incorporate in mobile phones, Navigational suite or application appears to be the next best thing. Today AOL’s unit MapQuest has just showcased a mobile map service which include handy features like voice directions, text and maps. Those who cannot afford expensive GPS devices, the MapQuest Navigator is a god send and the perfect alternative.

The MapQuest Navigator has not been launched by AOL yet and talks are still in progress with cell phone operators like Verizon Wireless and Sprint Nextel Corp. It is targeted at all cell phone users in the US and the company wants to commercialize location-pinpointing technology and make it more accessible. According to mobile research firm m: metrics, about 4.3 percent of U.S. mobile users used map services on their phone in January. Thus AOL wants capture this market. No word on availability or pricing.

Via Yahoo