A method, computing device and computer readable memory for cooperative localization of a portable electronic device is provided. Location identification messages are received each providing a known location of a respective portable electronic device and an associated transmitter identification (ID) of the respective portable electronic device and stored. Location request messages providing one or more transmitter IDs in communication range with a query portable electronic device and a transmitter ID of the query portable electronic device are received and location information from the stored location information associated with the one or more transmitter IDs received in the location request message is retrieved. A location of the query portable electronic device is estimated based on the retrieved location information and stored with the associated transmitter ID of the query portable electronic device.