Caterpillar third-quarter profit rises on power equipment demand
By Erik Svenson
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By Agnieszka Olenska and Jesus Calero Oct 28 (Reuters) Telenor s efforts to persuade mobile customers to pay more for network quality and security services could face a new test from AI shopping agents expected to focus heavily on price, executives said on Wednesday. The Norwegian operator s more-for-more strategy adds benefits to subscriptions to encourage higher spending. Its task is to make those extras count when customers compare offers. AI agents would be to a large degree price driven , CEO Benedicte Schilbred Fasmer told Reuters, saying the benefits beyond connectivity needed to be clear to customers. That would add another dimension to an already competitive market. Telenor lost 22,000 mobile subscriptions in Norway in the third quarter, while mobile revenue per user rose 2.7% year on year. CFO Torbjorn Wist argued in a call with analysts that prices were already transparent and that coverage, capacity and security would remain a strategic moat . He also saw a