Apple iPhone 5 to function on LTE Wireless Networks

- Tech giant Apple Inc's new iPhone 5 will work on the fastest wireless networks around the world, including in the US, Europe and Asia, though it may vary among different mobile carriers.

- The phone will have an advanced technical capability of LTE (Long Term Evolution) wireless network that would give all phone carriers a chance to sell their fastest data services to Apple''s base of iPhone customers.

- Smartphone makers, including market leader Samsung Electronics Co., have already begun offering LTE phones globally, achieving a selling point that Apple has lacked so far, the Wall Street Journal reports.

- LTE technology is much more fragmented than the previous third-generation wireless technology, making it more difficult to make LTE phones that work seamlessly around the world.

- 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. Analysts have widely expected the new phone to support LTE, the report said.

- Apple officials said that it isn''t likely to work with all carriers' LTE networks in all countries, though it wasn't clear which ones would be left out, it added.