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HUAWEI E5573 ROUTER COMPATIBILITY

I am wanting to take out a Smart Internet 5gb + 5gb Contract Special for R149 which comes with an LTE Huawei E5573 Mi-Fi Router - as advertised in the current instore magazine. The consultant informed me that this a LTE only device and that it would not work in areas that are not LTE capable. In other words it is not compatible with 3G, HSPDA or any of the lesser signals. Can this be correct?  I had a squiz on Google and all the sites seem to tell me that it a LTE enabled device and is compatible with the other data streams. Please can somebody advise me on this. Thanx

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