Of course it would be faster than anything that takes time to happen since there is no elapsed time in two actions that happen simultaneously. If in fact they are two separate actions.
Then by all accounts... it is “faster”. Faster-than-light is faster than we can currently communicate. “Instantaneous” is much faster than that.
No doubt, when the telegraph first started operating in the 1840’s, it seemed “instantaneous” compared to the horse & buggy.