Apparently the folks down under at a bit sensitive about the ads they read. The Australian Competition and Consumer Commission accused Apple of misleading consumers when they ran an ad that touted The New iPad as having 4G speed. Which of course is true in places like the United States. But because Australia doesn’t have the infrastructure in place to run 4G data connectivity, the ads that Apple ran were in fact false. So instead of wasting their time fighting this measly little battle in Australia, Apple decided to settle the suit for $2.2 million, which is nothing to Apple, but well worth getting this issue behind them. According to TechCrunch, the iPad’s LTE chip is only compatible with the 2100Mhz and 700Mhz bands. Though the 700Mhz band will be freed up for wireless devices around 2013, it’s currently tied up with television broadcasts. The only other option for 4G LTE service in Australia is Telstra, which runs on the 1800Mhz band, which the iPad can not access.