When buying anything, you’re going to have a choice: good, fast, or cheap. Pick any two. A plumber will fix a drain good and fast, but it won’t be cheap. The skeezy guy you can call will fix a drain fast and cheap, but it won’t be good.
Such it is with radios. You can have long-range (good), high bandwidth (fast), or a low price (cheap). Pick any two. The Internet of Things demands a cheap, long-range radio module, but until now this really hasn’t existed. At Electronica last week, Microchip demoed their IoT solution, the LoRa. This module has a 15km (rural) or ~3km (heavy urban) range, works for a year on two AAA batteries, and is very cheap. Bandwidth? That’s crap, but you’re not streaming videos to your shoe.