The telco said in a statement on Monday that the 256GB device would be available on $144 XL consumer and business lease plans for 24 months.
Telstra has begun rolling out 5G in 10 cities. The telco said: "Over the next 12 months or so we expect our 5G coverage to increase in area almost five-fold and reach into at least 35 Australian cities.”
The plans include 160GB of data which includes 100GB of bonus data for consumers and 120GB of bonus data for small business.
Telstra Consumer executive Kevin Teoh said the first 5G-enabled smartphone was a major step toward bringing the revolutionary mobile technology to life.
“This is a game-changing moment for our customers. We are putting the future into their hands,” he said. “5G promises our customers even better connectivity. Its ultra-fast speeds, ultra-low latency and greater bandwidth will transform the way we live and work by enabling all sorts of future applications and technologies.
“Connecting to Australia’s first 5G network, customers who purchase the Galaxy S10 5G are at the forefront of this revolutionary technology. It combines Telstra’s 5G and 4GX to provide customers the best possible mobile speeds wherever 5G is available and Australia’s fastest average 4G speeds in 4GX coverage areas.
"As well as the superior network connectivity, customers will also enjoy the Galaxy S10 5G’s larger 6.7” cinematic display, 3D depth camera technology, a powerful fast charging battery and other exciting features.”
Samsung vice-president, Mobile Division, Garry McGregor, said: “Today is an historic moment in smartphone technology. Australians will be amongst the first in the world to experience the power of 5G as this is the third country globally where Samsung has launched the Galaxy S10 5G.
“We are delivering on a longstanding commitment to ensure that Samsung continues to set new milestones with its smartphones through meaningful innovation in design, engineering and network collaboration.
“There has been many years of research and development to get to this point and today represents the next chapter for what mobile technology can offer to Australians.”