I'm going to have to disagree with Jabba here but they are definitely on reduced power.
On all the ones down here, even just say, 500 metres away, in direct line of sight, the iPhone 6 struggles to get 4 bars, let alone 5. 2G at the same distance would be full signal.
I should also point out that because of the geography here (and my anorakish-ness), it's easy to know which mast the signal is coming from.
Most of the time I have 4G it's between 1 and 3 bars. I know "bars" aren't scientific but in this instance on the same device, it's clear 4G is on much lower power.
It's either that or I'm wrong because LTE measures dBm differently than GSM.... or something!