What does it mean when Apple says Non Support for 4G LTE?

I was planing to buy an new iPhone but then i have read some details from their website; I saw some information about that it won't support 4G LTE for this model. What does it mean?

Is it mean If I will apply a local telecommunication with a monthly service using with my Phone unit, it means my phone is not qualify for the monthly service right?

It means that the phone does not support 4G LTE band. You will be able to use it for a monthly service with voice, text messaging, and Internet with 3G speed (not 4G LTE).