China creates tower consortium to pool network assets; Huawei puts focus on high-end smartphones

More wireless news from across the Web:

China reorganized its wireless industry and is putting $36 billion (231.4 billion yuan) of network assets such as base stations into a new company controlled by the nation's three main carriers. Bloomberg article

> Ericsson is going to buy Ericpol, a company based in Poland and Ukraine that specializes in software development for the radio, cloud and IP markets. Release

> Huawei plans to increase focus on the premium smartphone market and gradually pull out of the low-end segment. Mobile World Live article 

> Microsoft pushed out a new updated preview version of Windows 10 Mobile, which is expected to be released to the general public in December. PhoneScoop article

> The University of Wisconsin-Madison's licensing arm is seeking $400 million from Apple for infringing the school's patent on microprocessor technology. Bloomberg article

> LG Electronics said its flagship G4 smartphone will begin to receive the Android 6.0 Marshmallow system update as soon as next week. PhoneScoop article

> Taiwan Semiconductor Manufacturing Co. cuts its equipment budget as much as 27 percent as slowing demand for chips triggered the company's first profit decline in three years. Bloomberg article

> Payments startup Square filed documents to go public on Wednesday. Re/code article  

 Wireless Tech News

>   After Google blasted the approach Globalstar wants to take with wireless operations on channel 14, Globalstar shot back with a missive warning that if Google gets its way, its position would have severe negative implications for competition in the wireless industry as all spectrum would become "Google-ized," including emerging Wi-Fi First service offerings. Article

> Thanks to an agreement that Qualcomm and SpaceX reached, the industry may be one step closer to realizing the vision of providing every passenger on planes with simultaneous access to streaming video, including live news. Article

Cable News

> New Street Research analysts believe Charter Communications likely will be successful in its efforts to acquire Time Warner Cable and Bright House Networks, unlike Comcast in its failed attempt to purchase TWC. The analysts at the investment research firm give Charter's deal for TWC and Bright House an 80 percent to 85 percent chance of being completed "with conditions greater than Charter has currently offered but not so great as to affect the material prospects for the post-transaction company," they wrote in a recent note to investors. Article

> Comcast's NBCUniversal today took the wraps off its new subscription on demand streaming video service, Seeso, which will launch in January for $3.99 per month with a variety of comedy clips from existing NBC properties like Jimmy Fallon's Tonight Show alongside shows exclusive to the service from the likes of Community's Dan Harmon and the Upright Citizens Brigade comedy troupe. Article

Telecom News

> Verizon is now offering its Secure Cloud Interconnect (SCI) service in Latin America, while adding new sites in Europe and the United States, a move that illustrates its aggressive cloud buildout strategy. Article

>  RF over Glass (RFoG) may have gotten a bad rap from some industry watchers, but Commscope says that it will give cable MSOs an interim solution as they migrate to FTTH and IP-based video. Article

And finally… President Obama still uses his Fitbit. Article

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MoffettNathanson also thinks American Tower may not be able to monetize Verizon's C-band deployments as fully as its tower peers.