[citation][nom]InvalidError[/nom]Even if the Nexus4 shared the same PCB as some other LG phone, the 4G chip should have been omitted at the PCB assembly stage (empty component pads) if it serves absolutely no purpose.[/citation]
Unless they plan on using the same assembly line to build the 4G version.
Also, you can't just omit a part when the whole line is tooled to build a specific motherboard. It is much more cost effective to be able to produce motherboards for multiple devices on the same line, so that you don't have the down-time to retool. This in turn passes on a savings to the consumer, reducing the cost of a device.
It is much easier to omit the antenna at the hand-assembly portion of the device build.