Google's Project Loon is almost ready; AT&T will virtualize 5% of network functions year-end

Quick news from around the Web.

"Verizon's Shammo: Internet of Things, OTT video will drive future growth." --@FierceWireless

> Google's Project Loon is almost open for business. Article

> Intel playing catch-up with new mobile chips. Article

> T-Mobile said its MetroPCS prepaid brand is again offering a buy-one, get-one-free promotion on some of its smartphones. Post

> AT&T said it plans to virtualize 5 percent of network functions on its AT&T Integrated Cloud (AIC) by year-end. Article

Telecom News

> Verizon is open to selling more non-strategic assets. Article

Cable News

> Broadcom is rolling out a new 4K set-top chip for set-tops, a new diagnostic analyzer for cable operators, and a 5G Wi-Fi combo chip. Article

> Cablevision's decision to launch its Freewheel Wi-Fi calling and data service was prompted by the MSO's desire for its customers to see a "tangible manifestation" of the company's extensive Wi-Fi network, which currently spans more than 1.1 million hotspots. Article

And finally… Warner Bros. is getting serious about mobile games with new Batman and Game of Thrones titles. Article