ISP Information:
The rate at which data is transferred in some amount of bits per second.
ISP Glossary:
Transfer rate - Verizon Outlines Leadership Strategy for Broadband Era; AnnouncesMajor New 3G Mobile Data and Wireline IP Network ExpansionsVerizon Chairman and CEO Ivan Seidenberg, at the Consumer ElectronicsShow, Says Company Will Invest $3 Billion Over Next Two Years to BringBroadband to Mass MarketLAS VEGAS, Jan. 8 /PRNewswire/ -- Verizon Chairman and CEO IvanSeidenberg today unveiled the company's plans for leadership in theemerging broadband industry. He outlined two major new networkexpansions that are key to bringing the benefits of this new era tohomes and businesses across America and said Verizon was committed toinvesting a total of $3 billion in its networks over the next twoyears to bring broadband to the mass market.To illustrate Verizon's unique ability to lead in the broadbandrevolution, Seidenberg also announced a new service, iobism, and newproduct, Verizon One, that will help families and businesses create apersonal network to manage their communications devices andactivities.The network expansion initiatives involve both Verizon's wireless andwireline networks. Verizon Wireless will expand its third-generation(3G) mobile data BroadbandAccess network nationwide. In addition toits ongoing annual capital investment program to build networkcapacity and coverage, the company will invest $1 billion over thenext two years to further deploy its broadband technology, known asEV-DO (Evolution-Data Optimized).Verizon also will dramatically accelerate the evolution of itsnationwide wireline network to packet-switching technology and, asannounced yesterday, has selected Nortel Networks as its voice overInternet protocol (VoIP) equipment provider.Both moves are major steps toward creating a new growth-market forcommunications services in the wireless and broadband era. Seidenbergwill outline the company's plans and Verizon's vision for the futurein an address scheduled for 2:30 p.m. PST today at the ConsumerElectronics Show in Las Vegas.- http://finance.lycos.com/home/news/story.asp?story=40144501
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