Re: Point?
LTE-U is a great idea if you are a carrier that has deployed large numbers of Wi-Fi access points to combat a spectrum squeeze. This is an extremely common deployment strategy in Asia, and particularly Japan where SoftBank has deployed over 400,000 access points.
The reality is that carrier Wi-Fi is a stop-gap solution; most devices handle switching between LTE and Wi-Fi poorly, some users don't configure Wi-Fi on their devices or disable it to save battery, and authentication can be a problem especially if the device doesn't support EAP-SIM.
Moving to LTE-U means that the 'Wi-Fi' boxes are actually base stations and become a seamless part of the existing network, doing the same job as the Wi-Fi access points (traffic offload) but without the need for any special configuration; both data and voice (VoLTE) can make use of them, and there is no need for any configuration on the part of the user. By using carrier aggregation with the licensed spectrum, data transfer rates can also be boosted, and all traffic can be as secure as the licensed network.
LTE doesn't sound like great idea if you are not a carrier or in the base station business. The wolves are preying on the sheep (LTE = Let's Take Everything!).
The reality is that the carriers are there anyway with their access points, and the spectrum being considered for LTE-U is not reserved exclusively for Wi-Fi; anything that complies with the spectrum plan in terms of frequency, power control and interference protection is able to be used.
So both groups have to find a way to make coexistence work. Since LTE-U is newer (and carriers can fall back on their licensed spectrum) it is better for LTE-U to fail than Wi-Fi if coexistence in a particular environment is difficult.
Since Qualcomm now owns Atheros, so they have stakes in both LTE and Wi-Fi, although their LTE revenue is almost surely the larger part.