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The development of long-term evolution (LTE) technology could lead to reduced broadband prices around the world, it has been reported.

Swedish internet service providers (ISPs) Tele2 and Telenor have recently used their new LTE services to undercut TeliaSonera's broadband deals, reports IDG News.

This pricing pattern is likely to be repeated all over the world as ISPs start rolling out the next-generation mobile network technology, said Infonetics Research.

"Limited coverage and a lack of different devices to choose from will leave operators with little besides pricing to differentiate themselves from the competition in mobile broadband using LTE," said Richard Webb, analyst at the firm.

He said that ISPs will attempt to avoid a price war, but it will be some time before they are able to use other ways to compete, such as service quality, speed and coverage.

Back in August, the Global Mobile Suppliers Association announced that there were more than 100 LTE networks being developed or planned across 41 different countries. 

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