Just like somebody explained long back... " lower the frequency longer the distance" ... :-))
Reference : http://sunilmobiletelecom.blogspot.in/2014/08/apt700-700-mhz-band-auction-for-mobile.html
It is a proven theory that a LTE 700 MHz is going to be a killer in case of LTE Services before 450 MHz can make a pitch in the competition. Because many of the major LTE markets are already having strong push to deploy 700 Mhz spectrum.
Both FDD/TDD modes are available in 700 MHz spectrum.
The below pictures are self explanatory of benefits/advantages over other spectrum...
Figure 1 : Rural LTE Coverage for 700 MHz spectrum
Figure 2 : Rural LTE Coverage for 2500 MHz spectrum
Figure 3 : Urban LTE Coverage for 700 MHz spectrum
Figure 4 : Urban LTE Coverage for 2500 MHz spectrum
Figure 5 : Urban LTE Coverage comparison for 700 & 2500 MHz spectrum for Rural area
Figure 6 : Urban LTE Coverage comparison for 700 & 2500 MHz spectrum for Urban area
Figure 7 : LTE Bands and Frequency Bands
Figure 8 : LTE Bands and Frequency Bands used by Australian LTE Networks
Figure 9 : LTE Bands and Frequency Bands used by US LTE Networks
Figure 10 : LTE Bands and Frequency Bands used by Indian LTE Networks