Telstra executives have been shown a new HTC Android phone running the new Qualcomm 1.5GHz Snapdragon chip and a beta version of the new Android 2.2 operating system.The phone, which will go on sale in Australia later this year, is significantly faster than than the iPhone, with Apple also talking to Qualcomm about the possible use of the new processor in future versions of an iPhone. 

Capable of delivering 4G connectivity the new phone has caught the attention of Seven Network executives, who are working on the roll out of a new WiMax network in Australia.

The executives were shown the phone at the CES in Las Vegas.