This paper analyzes LTE radio load and user throughput using queuing theory, specifically focusing on how downlink user throughput corresponds to LTE physical resource block (PRB) utilization. It formulates user throughput using the m/g/1 processor sharing model and validates theoretical results with live network measurements, also extending the model to cases of rate-limited users. The findings provide practical metrics for radio network planning by expressing user performance in terms of standard 3GPP key performance indicators (KPIs).