The 15 May Recap

A recap of the week’s telecoms news. Softbank has reported a surge in profits, while also announcing a new collaboration with Qualcomm, and finally spraying the cash from its incubator. Over in the UK, BT has been chopping jobs and Gavin 'Hasselhoff' Patterson has decided not to take a bonus this year. Finally, there has been continued shape shifting in Ericsson as another executive jumps ship.