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The Aussie telco with the fastest 5G network

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The tech-battle is on to find which network has the best 5G technology – and now one crowned the fastest in Australia

A few years after rolling out, 5G is almost everywhere across Australia.

But while the technology still hasn’t quite hit 80 percent coverage of Australia, the hardware is quite common.

As more people use the new technology, the more the telco networks are being tested.

Australia’s three leading telco giants all have their own 5G networks, and now one of the main mobile speed testing platforms has tested all, and one came out on top.

Optus wins fastest network by Ookla

Ookla’s Speedtest app — which is also the app we use to test mobile performance on every phone review — has noted that Optus has jumped to the top of the Australian speed tests, beating out the likes of Telstra and Vodafone.

The tests came from individual users with Ookla comparing 332,972 5G tests across iOS and Android, and finding Optus was the fastest of the telcos.

Ookla found that Optus won, with a download speed at roughly 323.94Mbps, followed just behind with Telstra with 304.14Mbps and then Vodafone at 201.89Mbps. 

That’s found in an Ookla report on the Optus 5G win, which also shows that 79,785 devices made the tests, with more tests made on the iPhone 12 Pro Max than any other handset.

“Last year we made a commitment to our customers that we would build Australia’s fastest 5G network and I’m proud to say we’re delivering,”

Matt Williams, Managing Director for Marketing and Revenue at Optus.
Optus wins high speed 5G network.

“We know that our customers want 5G, in fact eight out of every 10 devices we sell in store today are 5G capable”

5G devices have continued to grow in popularity, with both Samsung and Apple now offering devices that are compatible with the new tech.

What about the little telcos?

Optus is currently the only mobile network provider to allow smaller telcos, known as mobile virtual network operators (MVNOs), to also offer 5G phone plans on the Optus network. SpinTel and Aussie Broadband two of these smaller telcos to now offer 5G plans with Optus coverage.

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Money

Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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