From an American source heavily invested in researching quantum computers for commercial purposes:
Quantum entanglement is a complex phenomenon, but perhaps the simplest explanation, courtesy of Astronomy Magazine, is that quantum entanglement occurs “when two particles are inextricably linked together no matter their separation from one another. Although these entangled particles are not physically connected, they still are able to share information with each other instantaneously — seemingly breaking one of the most hard-and-fast rules of physics: that no information can be transmitted faster than the speed of light.” This the basis for the premise that quantum entanglement can enable communications faster than the speed of light. Unfortunately, it’s not so simple.
Nevertheless, research continues on this subject and some physicists believe that faster-than-light communication might be possible with some intricate manipulation of entangled particles. For now, we know that the interaction between entangled quantum particles is faster than the speed of light. In fact, Chinese physicists have measured the speed. We know that quantum entanglement can be used to realize quantum teleportation experimentally. We know that entanglement has applications in the emerging technologies of quantum computing and quantum cryptography. With a fiber optic network that can carry conventional data and quantum data, a quantum internet is becoming more of a possibility. The real hurdle to overcome, though is being able to communicate data through quantum entanglement – that’s when we might be able to communicate faster than the speed of light.
Quantum Xchange has developed the first fiber optic network in the U.S. to be used solely to transmit and receive quantum cryptographic keys between entities that are securely transferring critical data.