Telecom sets up incubator unit for new services in UFB world

Telecom sets up incubator unit for new services in UFB world
By Paul McBeth April 8 (BusinessDesk) - Telecom Corp, the country's biggest telecommunications company, has set up a new incubator-style unit to come up with new services and products that can leverage the shift to an ultra-fast broadband world. The Auckland-based company has launched a digital ventures team to seek out high potential growth opportunities to deliver new revenue streams and generate bigger returns, it said in a statement. The unit will set up partnerships in new markets to build new businesses and products, which may be rolle...