Telecom Weekly News Wrap May 28, 2012

The iPhone continued to be both a blessing and a curse for the biggest U.S. carriers. AT&T, Sprint and Verizon all beat analysts? expectations for their quarterly earnings, partly as a result of iPad and iPhone sales and increased use of wireless data consumed by those devices. Verizon, which began carrying the iPhone last year, ...

By Jacob Steinberg:On April 1st, Kantar (a British market research company that forms panels in order to research customer behavior and attitudes in a range of industries including but not limited to the telecom industry) released a research report which was no joke. The report looked at the American smart phone market to examine the latest trends.

Yahoo is trying to hire them back with an aggressive ploy. TechCrunch's Alexia Tsostis has the story:

Tech companies have a reputation for treating their employees well – especially their engineers. Engineering talent is scarce, so companies are willing to pay big bucks to keep them happy. Which companies pays their engineers the most?

This week: Omega one to watch, Range takes up Soca, Sound news from Silence Earlier in the week, the International Monetary Fund provided support to the UK’s austerity plans and stated that it expects the UK economy to grow by 1.5 per cent in 2011, with inflation predicted to be above 4 per cent for the remainder of the year, though it anticipates this to return to the target rate of 2 per cent by the end of 2012. At the end of the last week, the FTSE 100 closed some 100 points lower than 7 days prior, whilst the AIM All share improved marginally to close at 880 points.

Japan