In this paper, we proposed and evaluated the performance of an internal MIMO (Multiple Input Multiple Output) antenna for multiband operations including LTE (Long Term Evolution) 700/2300/2500. And to enhance the isolation characteristic, a parasitic element is designed and applied. The proposed single antenna has a volume of $60mm(W){\times}38mm(L)$, and the ground plane is $60mm(W){\times}100mm(L)$. The parasitic element used for enhancing the isolation of the antenna was designed with a copper on FR4 sized $60mm(W){\times}20mm(L){\times}1.6mm(H)$, and the pattern size is $60mm(W){\times}15mm(L)$. Simulated and measured results showed that LTE 700/2300/2500, DCS (Digital Cellular Service: 1710-1880MHz), K-PCS (Korea-Personal Communication Service: 1750-1870MHz), US-PCS (US-Personal Communication Service: 1850-1990MHz), WCDMA (Wideband Code Division Multiple Access: 1920-2170MHz), Wibro (2300-2390MHz), Bluetooth (2400-2483MHz), WLAN (Wireless Local Area Network: 2400-2483.5MHz), US-WiMAX (US-World interoperability for Microwave Access: 2400-2590MHz) frequency bands were covered with $S_{11}$ values less than -6dB (VSWR < 3). Simulated and measured results on $S_{21}$ at 730MHz for the firstly designed MIMO antenna showed -5.50dB and -5.65dB, respectively. When with the parasitic element at the separated ground plane to enhance the isolation performance, -10.33dB and -12.90dB are obtained for the simulation and measurement, so the enhanced isolation performance at lower frequency band (617-867MHz) is confirmed.