I managed to talk to the OCECPR today about the planned upgrade.
My initial statement that the public hearing in octomber had nothing to do with the upgrade was wrong. According to the person I have talked to, Cyta needs to do the following
a) Publish Whole Sale prices for its services and the associated procedure so that various interested parties(ie ISPs) can study it
b) The Whole sale prices and associated procedures are discussed in a public hearing(this is scheduled for 13th of Octomber)
c) The OCECPR will evaluate the above and decide whether it will be approved or revised
So to summarize, there is no guarantee there will be an I-Choice upgrade and if there is it will be after October.
Here is a link to Cyta's Whole Sale offer
http://www.cyta.com.cy/interesting_links-RBO_2008-4-gr.htm