Here, sub GHz is considered as sub 1 GHz. That is, any frequency under 1 GHz. Your module is under Sub GHz ISM band. All ISM frequency bands are unlicensed, that is you can use them without any licence. Its free to all. You have to see which ISM regulations your country follows. If it comes under FCC regulations (American), you can use either 315MHz or 433MHz freq. If it comes under ETSI regulations (European), you can use 433MHz freq. 315MHz is not defined by ETSI, but still some uses it.