I think it's semantics. I believe when it says H, it means it's on what US carriers call 3G or 4G. From what I understand, what US carriers call "4G" is really just an upgraded 3G. So the "H" means HSPA (3G) or HSPA+ (4G). I don't think it displays a difference between the two.
Next up, it shows LTE.
So, the Nexus phones show:
G = GPRS = 1G
E = EDGE = 2G
H = HSPA = 3G *or* HSPA+ = 4G
LTE = LTE = 4G LTE
Again, what US carriers call "4G" is nothing more than upgrades 3G. LTE is the true 4G.
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