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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

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Money

Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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