Without more details on the test setup, it's hard to evaluate it. 5G can be deployed with much more spectrum than 4G can be. Deployed with 60-80MHz of spectrum, US carriers have shown off LTE north of 700Mbps. The article said that they were using the 3.5GHz band, but they didn't say how much spectrum they were using which makes the comparison incredibly suspect. Do an image search for "T-Mobile gigabit" or "Sprint g…
If 5G could be made closer to WiFi for both mean latency and latency stability it would have a potentially huge impact on broadband access in remote regions (assuming it's easier to deploy 5G there than fiber - which I think is true for most regions).