Hi,
I have also been having the same issue and have been in contact with Apple's Senior Tech Advisers.
I have tried all the below steps but they were not helpful. Some of these were recommended by the tech advisers or from Apple knowledge base articles.
The only thing left to do is to do a factory reset of the iPhone using iTunes and testing on a fresh copy of iOS 13.3 (without restoring a backup).
I did notify the advisers that other users have experienced this issue and pointed them to this discussion.
I am also noticing this issue on a new Apple Watch Series 4.
I think it might be some incompatibility between the network and Apple's handling of 2.4 GHz connectivity.
1. Issue
iPhone 11 and Apple Watch S4 have poor speeds on 2.4 GHz WiFi.
Critical issue: The poor network connectivity causes calls to fail/drop on the Apple Watch.
2. Internet, Router and Device specs
2.1. Xfinity cable
Download: 200Mbps
Upload: 10 Mbps
2.2. WiFi router
Model: TP-Link Archer C7 (V2) AC1750
5 GHz: 1300 Mbps
2.4 GHz: 450 Mbps
Security: WPA2-PSK (AES)
Clients connected to 2.4 GHz network: 4 smart plugs
2.3. iPhone 11 128 GB
iOS 13.3
2.4. Apple Watch Series 4 - Aluminium (GPS)
watchOS 6.1.1
3. Testing details
3.1. Websites/Apps used
Google Speed Test
Netflix Fast.com
Ookla Speedtest (iPhone App)
Speedcheck (iPhone and Apple Watch Apps)
3.2. Performance on 5 GHz
Android/PC/Mac/iPhone (in various rooms): 150-200 Mbps
3.3. Performance on 2.4 GHz
Android/PC/Mac (in various rooms): 60-80 Mbps
iPhone (10 ft. away & clear line of sight from router): 10-15 Mbps
Apple Watch (10 ft. away & clear line of sight from router): 1-2 Mbps
4. Troubleshooting methods
4.1. Method-1
Turn off/on WiFi on iPhone
Reset iPhone Network Settings
Restart iPhone
Retest speed on iPhone and Watch
4.2. Method-2
Power off all devices on 2.4 GHz network including Apple Watch
Turn off all bluetooth devices
Followed Apple recommended settings: https://support.apple.com/en-us/HT202068
Restart WiFi router
Retest on all devices
4.3. Method-3
Factory reset WiFi router
Retest on all devices
4.4. Method-4
Applied two recent firmware updates to WiFi router
Retest on all devices
4.5. Method-5
Connected to public WiFi networks
But no way to verify if the network if 5GHz or 2.4GHz (SSID does not have 5G in name and tried to use a network analyzer app but there was no information)
Speed test results: 15-25 Mbps
5. Troubleshooting result
None of the methods (1-4) improved the 2.4 GHz performance on the iPhone and Apple Watch.
On retesting, all other devices continued to perform as previously observed.