News sources in Australia are reporting Telstra executives have let slip that they will have the 3G iPhone running 42Mbps by Christmas.

To run these speeds on Telstra’s Next G HSDPA network will be upgrading to HSPA+ or Evolved HSPA. This speed compares favorably with the AT&T networks 500-800Kbps download speeds.

We’re getting excited at TimTechs HQ with 17 days until the assumed June 9th launch, what other surprises are Apple keeping under their hat?