LTE standards are in matured state now with release 8 frozen. While LTE Advanced is still under works. Often the LTE standard is seen as 4G standard which is not true. 3.9G is more acceptable for LTE. So why it is not 4G? Answer is quite simple - LTE does not fulfill all requirements of ITU 4G definition.

Brief History of LTE Advanced: The ITU has introduced the term IMT Advanced to identify mobile systems whose capabilities go beyond those of IMT 2000. The IMT Advanced systems shall provide best-in-class performance attributes such as peak and sustained data rates and corresponding spectral efficiencies, capacity, latency, overall network complexity and quality-of-service management. The new capabilities of these IMT-Advanced systems are envisaged to handle a wide range of supported data rates with target peak data rates of up to approximately 100 Mbit/s for high mobility and up to approximately 1 Gbit/s for low mobility.

See LTE Advanced: Evolution of LTE for more details.