In a statement, Qualcomm said the test used 5G mmWave spectrum with carrier aggregation, combining eight separate channels of spectrum to achieve this speed.
Australia will hold auctions for the mmWave spectrum next year.
“We have been driving the evolution of 5G technology from the early days and we continue to aggressively drive innovation – pushing the limits of the technology farther and faster for our customers,” said Brian Mecum, vice-president, device technology, Verizon.
Qualcomm said when 5G technology was fully mature, it would be theoretically possible to achieve speeds of 10Gbps with latency below 5 millisecond and service deployment times of 90 minutes.
This would enable mobile connections at up to 500kmph and the ability to manage more than a million devices per kilometre and data volumes of 10Tbps per kilometre.
“Our strategy from the beginning has always been to reshape the world by driving innovation and leading the way in deploying the keenly differentiated 5G Ultra Wideband experience customers can only get from the mmWave-based 5G network, said Mecum.
"It is the 21st century infrastructure that will shape the future. Today’s demonstration shows the advancements we are making to provide our customers with the mobile technology and capabilities they don’t even yet know they need.”
The lab demonstration used 5G infrastructure equipment from the Ericsson Radio System portfolio and a 5G smartphone form factor test device powered by a Qualcomm Snapdragon X60 5G Modem-RF System featuring 3rd-generation Qualcomm QTM535 mmWave antenna modules.
The 5.06Gbps speed was achieved using 800MHz bandwidth in the 28GHz mmWave spectrum combined with 40MHz for the 4G LTE anchor.
This band combination is commercially supported in the Ericsson Radio System portfolio and several 5G devices powered by the Snapdragon X55 5G Modem-RF System.
“We are excited to partner with Verizon and Qualcomm as we push the envelope and break another data speed record, achieving the 5Gbps data speeds," said Hannes Ekström, head of product line 5G, business area networks, Ericsson.
"This is the highest speed ever achieved to a single device. This shows the fruits of our collaboration and our investments into technology leadership to enable harnessing the millimetre wave spectrum. The technology to aggregate vast amounts of spectrum in these bands is enabling a new world of opportunities.
Joe Glynn, vice-president, business development, Qualcomm Technologies, said: “With years of research and development in defining the next generation wireless connectivity, Qualcomm Technologies’ collaboration with industry leaders Ericsson and Verizon in advancing 5G mmWave marks a significant milestone in making 5G a commercial reality.
“5G mmWave will enable many new use cases for consumers and businesses as well as enable many of today’s mobile devices to take advantage of its enhanced network capacity, multi-gigabit speeds and low latency.”