Apple's next iPhone may offer even faster cellular data connections with support for the LTE-Advanced wireless standard, according to a new rumor.

Apple is allegedly in talks with SK Telecom about launching an LTE-Advanced phone later this year, according to The Korea Times. "LTE-A" is an upgraded version of the long-term evolution wireless standard currently found in the iPhone 5.

Citing an unnamed executive with SK Telecom, the report said that Apple is in the midst of negotiations with the carrier. Currently, the Samsung Galaxy S4 is the only device to take advantage of the LTE-A standard with SK Telecom.

LTE-A is capable of theoretical download speeds reaching 150Mbps, which is double that of basic LTE. The executive cited in the story reportedly said there is "no reason" for Apple not to adopt LTE-A with its next iPhone.

The possibility of LTE-A functionality on the next iPhone is believed to be possible because of new chipsets from Qualcomm. A potential "global LTE" chip candidate for Apple was released in February, boasting truly global connectivity support.

The Qualcomm RF360 Front End Solution would enable an iPhone that supports all 2G, 3G, 4G LTE and LTE Advanced networks. Currently, the iPhone 5 is sold in three variants âÂ two GSM and one CDMA â to offer compatibility with various networks across the world.