The free browser app, called Opera Mini, is calibrated at six times faster than Apple's Safari browser and is expected to be available by tomorrow.
Opera says its browser moves faster by compressing about 90 percent of data on a web page before rendering it. The browser can open five pages at one time.
Apple already offers several browsers, such as Incognito, Aquari and Shaking Web, besides its own Safari browser at the iPhone app store. But all of those browsers use Safari’s own software.
"We are delighted to offer iPhone and iPod Touch users a great browsing experience with the Opera Mini app," said Lars Boilesen, CEO of Opera Software. “This app is another step toward Opera's goal of bringing the web to more people in more places."
Opera's browser already is available on Android, BlackBerry, Windows Mobile and Palm platforms. Opera Mini also runs on the Symbian platform and accounts for many of its more than 50 million monthly users worldwide.
A video demonstration can be seen here.