1.5Mbps at 700Mhz is quite a stretch!

At 900Mhz you barely get 3Mbps aggregate ? that means 1.5 up and 1.5 down but with overhead it is more like 1.2Mbps. I wonder what kind of speeds they are going to get? For cell phones it?s no big deal but wireless internet for laptops? It?s going to be really slow?..FYI for people, this is the old UHF band so it has been used for decades but only for TV signals. It will be interesting to see what gets promised and what is reality.