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LTE has the ability to manage fast-moving mobiles and supports multi-cast and broadcast streams. The LTE specification provides downlink peak rates of 300 Mbit/s, uplink peak rates of 75 Mbit/s and QoS provisions permitting a transfer latency of less than 5 ms in the radio access network.

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Additional evolution known as LTE Advanced Pro have been approved in year 2015. The next version of LTE is LTE Advanced, which was standardized in March 2011.

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Initially, CDMA operators planned to upgrade to rival standards called UMB and WiMAX, but major CDMA operators (such as Verizon, Sprint and MetroPCS in the United States, Bell and Telus in Canada, au by KDDI in Japan, SK Telecom in South Korea and China Telecom/ China Unicom in China) have announced instead they intend to migrate to LTE. In Canada, Rogers Wireless was the first to launch LTE network on July 7, 2011, offering the Sierra Wireless AirCard 313U USB mobile broadband modem, known as the 'LTE Rocket stick' then followed closely by mobile devices from both HTC and Samsung. The LTE services were launched by major North American carriers as well, with the Samsung SCH-r900 being the world's first LTE Mobile phone starting on September 21, 2010, and Samsung Galaxy Indulge being the world's first LTE smartphone starting on February 10, 2011, both offered by MetroPCS, and the HTC ThunderBolt offered by Verizon starting on March 17 being the second LTE smartphone to be sold commercially. The LTE standard was finalized in December 2008, and the first publicly available LTE service was launched by TeliaSonera in Oslo and Stockholm on December 14, 2009, as a data connection with a USB modem.

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In May 2007, the LTE/ SAE Trial Initiative (LSTI) alliance was founded as a global collaboration between vendors and operators with the goal of verifying and promoting the new standard in order to ensure the global introduction of the technology as quickly as possible. LTE was first proposed in 2004 by Japan's NTT Docomo, with studies on the standard officially commenced in 2005. The LTE wireless interface is incompatible with 2G and 3G networks, so that it must be operated on a separate radio spectrum. A further goal was the redesign and simplification of the network architecture to an IP-based system with significantly reduced transfer latency compared with the 3G architecture. The goal of LTE was to increase the capacity and speed of wireless data networks using new DSP (digital signal processing) techniques and modulations that were developed around the turn of the millennium. However, other nations and companies do play an active role in the LTE project. LTE stands for Long-Term Evolution and is a registered trademark owned by ETSI (European Telecommunications Standards Institute) for the wireless data communications technology and a development of the GSM/UMTS standards. HTC ThunderBolt, the second commercially available LTE smartphone To differentiate LTE Advanced and WiMAX-Advanced from current 4G technologies, ITU has defined them as 'True 4G'. The LTE Advanced standard formally satisfies the ITU-R requirements for being considered IMT-Advanced. The requirements were set forth by the ITU-R organisation in the IMT Advanced specification but, because of market pressure and the significant advances that WiMAX, Evolved High Speed Packet Access, and LTE bring to the original 3G technologies, ITU later decided that LTE and the aforementioned technologies can be called 4G technologies.

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LTE is also called 3.95G and has been marketed as '4G LTE' and 'Advanced 4G' but it does not meet the technical criteria of a 4G wireless service, as specified in the 3GPP Release 8 and 9 document series for LTE Advanced.

The standard is developed by the 3GPP (3rd Generation Partnership Project) and is specified in its Release 8 document series, with minor enhancements described in Release 9. Because LTE frequencies and bands differ from country to country, only multi-band phones can use LTE in all countries where it is supported.

LTE is the upgrade path for carriers with both GSM/UMTS networks and CDMA2000 networks. It improves on those standards' capacity and speed by using a different radio interface and core network improvements. In telecommunications, Long-Term Evolution ( LTE) is a standard for wireless broadband communication for mobile devices and data terminals, based on the GSM/ EDGE and UMTS/ HSPA standards.