WSJ: iPhone 5 will feature 4G LTE

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Source: MacDailyNews.com

“Apple Inc.’s next iPhone will work on the fastest wireless networks around the world—including in the U.S., Europe and Asia—though it is unlikely to be available on every carrier, people familiar with the matter said,” Jessica E. Vascellaro, Sam Schechner and Spencer E. Ante report for The Wall Street Journal.

“The technical compatibility with so-called LTE networks removes a competitive danger for Apple and gives carriers a chance to sell their fastest data services to Apple’s base of iPhone customers,” Vascellaro, Schechner and Ante report. “Wireless carriers are eager to drive more customers to those networks, which are more efficient and could spur faster growth in data revenue by making it easier for consumers to use services like streaming video… IDC data shows that only three countries in the world have significant numbers of LTE customers: the U.S., South Korea and Japan. Verizon currently has the largest LTE network in the world and the highest number of LTE subscribers, says IDC.”

Vascellaro, Schechner and Ante report, “Apple is expected to unveil its latest iPhone, which will also have a slightly larger screen, at a press event in San Francisco on Sept. 12.”