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· Posted on
February 21, 2024

Vodafone plans to knick internet customers from NBN with its secret 4G and 5G offering

Vodafone are now taking a massive swing at NBN, which let's just say...hasn't been...the greatest achievement in Aus history.

What's the key learning?

  • Vodafone are now offering their own 4G and 5G wireless internet to customers, rather than NBN internet
  • 5G fixed wireless is reliable and fast...but it's also expensive
  • By cutting prices, Vodafone is making their product more competitive, which could see them steal NBN's customers.

Background: Vodafone and TPG formed TPG Telecom back in June last year and it is now the second-largest telco company on the ASX.

What happened: The Big Vo are now taking a massive swing at NBN, which let's just say...hasn't been...the greatest achievement in Aus history. 51st fastest internet speeds globally.

What else: Vodafone are now offering 4G and 5G wireless internet rather than NBN internet to customers. And it just so happens that using their own 4G and 5G, instead of NBN will also lead to higher margins.

So what's the key learning?

💡In the internet game, we've got fixed wireless, and we've got NBN. Same same...but very different.

💡Fixed wireless uses radio waves to provide you with broadband internet (i.e.the 4G and 5G that you use on your phone). But NBN uses cables or a phone connection (i.e. tradesperson installing a router into your house in 6-8 weeks).

💡We've known for a while that 5G fixed wireless is reliable and fast...but it's also expensive. So, by cutting prices, Vodafone is making their product more competitive, which could see them steal NBN's customers.

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