2.4 or 5GHz? What are the differences?

Hi, guys.
Yesterday I got a Time Capsule from my wife as my 30th birthday gift. So, it's my first 802.11n router and I have a few doubts.
I'll be the only one wirelessly connecting to it from my Aluminum MacBook, so, what are the advantages of setting TC up for 5GHz only?
1. Will it improve internet speed?
2. Will it make backup faster?
3. Is there any other advantage?
Thanks a lot.
JP

Welcome to the discussions!
"1. Will it improve internet speed?"
Yes, assuming you have good signal strength.
"2. Will it make backup faster?"
Yes, assuming you have good signal strength.
"3. Is there any other advantage?"
There are very few networks operating at 5 GHz, so your chances of experiencing interference issues from another wireless network and/or cordless phones are greatly reduced.
The disadvantage to 5 GHz is that the higher frequencies of this band are absorbed by walls and obstructions much more quickly than 2.4 GHz signals, so depending on the construction of your home, number of walls to traverse, or even corners to go around, it is quite possible that 5 GHz may not perform as well as 2.4 GHz. You will need to experiment to determine the best setting for your environment.

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