Run a legal LTE network at home for $100
Also, IIRC, LTE is mutually authenticated and your parents would not be able to attach to a private LTE network unless they have a SIM that's setup for it.
If you can choose, it's best to take a TDD license, as the duplexer required for FDD base station operation is a relatively expensive device when operating on an uncommon band.
1) Private 4G wasn't really a big thing in EU, but in most countries the license you get is technology neutral and can be used with a 4G base station as well.
PS: Connecting the private LTE to the public telephone network with a publicly reachable number requires a public telecom operator permit in some countries. You will also need to pay for the block of phone numbers. Roaming to the public cellular network requires many extra things which are not cheap or easy to obtain. And of course you need to have a roaming agreement with the other operator.
however.. i am not saying one cannot have fun?! Spending an afternoon sticking together a broomstick and an usbstick trying to contact major tom because that is literally what you will be doing.
get a conductive piece of "material" Plug into usb and try to let it radiate electromagnetic waves...
have fun and stay safe <3
Simlessly's RSP platform will let you generate a free eSIM profile for a single device for your bootleg LTE network. https://simlessly.com/products/rsp/