Individuals take heed to a speech with the theme of 5G throughout day one of many 2019 Client Electronics Present (CES) Asia at Shanghai New Worldwide Expo Centre on June 11, 2019 in Shanghai, China.Gao Yuwen | VCG | Getty ImagesFor years, expertise buyers and aficionados have been anticipating Apple’s 5G wireless-enabled iPhones.Now that Apple is on the verge of releasing them, AT&T Communications CEO Jeff McElfresh says individuals may need to examine their pleasure.”I’ve all the time tried to melt people’ expectations round 5G,” McElfresh advised CNBC’s “A View from the Prime.” Apple plans to launch its 5G iPhones in October, in response to individuals acquainted with the matter. Some customers will need to improve to 5G wi-fi service, which may have “residence broadband-like speeds,” instantly, in response to McElfresh. However others will not need to pay further charges for the service and may be content material with AT&T’s present 4G LTE expertise, he stated.”I do consider that you will note most of the iPhone subscribers transfer to improve to the system, however I would not forecast that it will be an enormous occasion,” McElfresh stated. “I additionally do not assume it will be a non-event. I feel prospects, primarily based on the pressures of the financial system that we’re all going through at present, will make a calculated determination as to what they need to do.”Whereas 5G expertise has been touted as the way forward for Web connectivity, paving the way in which for autonomous automobiles and good home equipment, preliminary reception may very well be muted as a result of most of the groundbreaking purposes of quicker speeds both do not broadly exist but or are helpful to massive companies reasonably than shoppers. AT&T formally launched its 5G community in places throughout the nation in July. Within the meantime, AT&T engineers are already engaged on 6G, which can doubtless construct off progress made through the decade on related machines and synthetic intelligence, McElfresh stated. For shoppers intent on getting the quickest speeds, wi-fi expertise will all the time path fiber-to-the-home as an choice, he stated. AT&T is planning to spice up its spending on fiber rollouts within the coming years, McElfresh stated. “In case you are in a house or an surroundings the place you’ve got received a number of periods alive within the residence, they usually’re taxing when it comes to bandwidth, you get all the way down to physics,” McElfresh stated. “I imply, all cell websites, regardless of in the event that they’re 5G or 4G, whether or not they’re tall or small, all require numerous fiber as a result of you have to join that spectrum and people radios again to the community. And so our funding thesis round fiber and 5G go hand-in-hand.”Subscribe to CNBC Professional to learn the complete Q&A and different insights from trade leaders.Watch: AT&T CEO on the choice to not minimize off prospects who cannot pay through the pandemic.