Uh oh… More bad news for NBN Co.
| Dear Reader, Uh oh… More bad news for NBN Co. According to the Australian competition regulator (the ACCC), 5G is set to ‘keep the NBN on its toes’… …with the potential to drive thousands of customers away from the government-designed national broadband network. It’s not hard to see why. 5G is super-fast. As much as 800 times faster than a standard NBN connection. Enough to download a full season of Game of Thrones in a minute or two. Not bad, eh? But look, I’m not writing to you today to solely pump up 5G’s speediness. There's an investment angle here, too. 5G is more than just a simple internet upgrade. It’s the foundation atop which all future, breakthrough technology will be built. I’m talking about safe, self-driving cars. Delivery drones. Or surgeons who can perform remotely on patients thousands of kilometres away in another country. And we’ll need all new infrastructure to get it off the ground. That’s why I think the listed companies building out this new internet network could potentially make you a small fortune in the months and years ahead. I’m not talking about Telstra or any of those big names. I highly doubt shares in Telstra could scream up multiples higher in short order. But that’s EXACTLY what could happen to two ASX 5G innovators I’ve uncovered. Click here for everything you need to know. Cheers, | | Ryan Dinse, For The Daily Reckoning Australia |
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