Simulation tools capturing the interactions of communication and electrical system operation represent a powerful support for fully assessing the potential benefits and impacts of ICT in future smart power distribution network. A strong interest is upon the possibility of exploiting the last generation communication systems for supporting the transition of distribution network towards a smart grid scenario. Having in mind the above, the authors propose a numerical co-simulation tool useful to thoroughly understand the impact of the communication networks on the performance of whole power system dynamics. The co-simulation tool has been purposely developed to simulate the highly time-critical smart grid application of fault management and network reconfiguration and permits reproducing and evaluating the behavior of the public mobile telecommunication system 4G Long Term Evolution (LTE), as communication technology for smart grid applications. Results of the paper demonstrates that LTE provides good performances for supporting the data communication required to perform fault location, extinction and a subsequent network reconfiguration in smart power distribution networks.