Definitely a potential. And behind 5G, there is satellite internet, which Space X is trialling at the moment, though latency and costly install of a satellite may make it uncompetitive initially.
Could definitely see a scenario for 5G to make NBN obsolete. Modem/Router for 5G is not expensive. Both Telstra and Optus provides it at the moment.
Edit: Yes, Netflix and whatever else you receive via the NBN would be available via 5G.
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