Apple‘s iPhone 5 launch in September isn’t likely to include LTE functionality, Jefferies & Co. analyst Peter Misek asserts in a research note.

“According to our industry checks, the device should be called iPhone 4S and include minor cosmetic changes, better cameras, A5 dual-core processor, and HSPA+ support,” he writes in a research note.

But he also says that “industry checks indicate Apple will likely announce Sprint, T-Mobile, and China Mobile as new carriers.”

As for LTE, he says the Qualcomm LTE chipset Apple would have used “is currently not achieving yields sufficient for inclusion in the iPhone 5.” He says Apple had hoped to have the LTE chipsets ready, but was planning a version without LTE called iPhone 4S.

No LTE in iPhone 5 – iPhone 4S; To Add Sprint, T-Mobile