We do have the %XTIME AT command, which enables time data notifications including UTC time. When enabled you will get a notification every time the network sends out time information. It is up to the network to decide when such information is pushed, and you can not request it from your device.
You may or may not be better served using NTP, depending on what accuracy you need, and depending on whether you need to request the time data from your device and get an immediate result. (NTP gives worse accuracy over LTE than over a cabled Internet connection.)
Edit: We will soon support the AT+CCLK command, which lets you read the time and date at any time. Time is updated and kept in sync with network time within the modem firmware. You can also set the time with the set command, for the situation where the network does not push any time information to the device.
We will support the AT+CCLK command in the upcoming modem firmware release. It lets you both set and read the current time, which gets updated and kept in sync with network time based on time information pushed from the network. That means you do not need to use %XTIME and to manually keep track of the time in-between notifications.
