Nothing inherently binding this to 2.4ghz, but it is the band for bluetooth, wifi zigbee/thread etc. Not in love with that as the bet for much of IoT because its pretty range constrained if you are working with power constrained devices...For higher bandwidth applications it makes lots of sense but for sensors and actuators where I am only moving a few bytes at a given time, I would rather have lower power and better range... and yes, they did miss an opportunity to make it open.