Where to now for long term investors of Telstra, page-775

Here is another person who does not understand the technology.

The big question is how 5G will affect Australia’s multi-billion dollar fixed National Broadband Network (NBN). Essentially, 5G should mean users on a mobile network should be able to experience similar speeds to the NBN, perhaps even much faster if they are located close to a 5G cell.
The current NBN rollout is mostly a fibre-to-the-node (FTTN) model, so fibre optic cable is laid to a neighbourhood node/pillar and then using the old, existing copper network to connect homes and businesses to the fibre network. The problem is that using the old copper network for the remaining link slows down the potential speed dramatically, with theoretical average speeds estimated by Gizmodo at 46 Mbps – or slightly faster than Telstra’s 4G network.
That suggests that 5G should be much faster than NBN’s connections and in a worst-case scenario make the NBN redundant within a few years of being built (something we warned about in 2012).