3G Vs. 4G Vs. 5G. Simply, the "G" stands for "GENERATION" . ... For eg, 1G offers 2.4 kbps, 2G offers 64 Kbps and is based on GSM, 3G offers 144 kbps-2 mbps whereas 4G offers 100 Mbps - 1 Gbps and is based on LTE technology .