The theory behind Apple's simultaneous dual band Time Capsule is that both the 2.4 GHz and 5 GHz bands use the same wireless network name.
Wireless devices will automatically connect to the best signal quality based on their capabilities and location in relation to the Time Capsule.
This is the setting that most users should use because it takes the guesswork out of things.
If you want to experiment by assigning a different name to the 5 GHz network, you can do that, but as I mentioned this is no guarantee of better results...and it makes things more complicated.
Unless your wireless devices that are capable of using 5 GHz are located in the same room as the Time Capsule, or they have close to a line-of-sight relationship with the Time Capsule, the 5 GHz signal won't deliver the goods through walls, since the signal is much weaker than 2.4 GHz.
If all of your devices are connected to the Internet simultaneously, I'm hoping that you have at least a 60-70 Mbps Internet connection. Higher would be better. The reason for this is that the Internet bandwidth is split up among all connected devices.
For example, let's say you have a 15-20 Mbps Internet connection. That means that on average, each device will only be receiving about 1 Mbps speeds. That's much too slow if you are downloading a large file or trying to stream video over wireless. (Hi definition video requires about 5 Mbps per device for decent performance without stuttering).
So, before you experiment with a separate name for the 5 GHz network, it might help to understand where things stand now.
What type of Internet connection speed does your provider supply to you? We ask this because if your Interent connection speed will not support the number of devices that you have, no amount of tinkering with the network is going to do much good.
If you want to assign a different name to the 5 GHz network, here are the steps:
Open Macintosh HD > Applications > Utilities > AirPort Utility
Click on the Time Capsule icon, then click Edit in the small box that appears
Click the Wireless tab at the top of the window
Click the Wireless Options button near the bottom of the window
Enter a check mark in the box next to 5 GHz name
Click Save
Click Update at the lower right of the window and allow a full minute for the Time Capsule to restart
Now the hard part.....
You have to take each device that is capable of connecting to 5 GHz and "point" it at the new 5 GHz network name that you just created, and enter the same wireless password that you used before.