A T-1 line is 24 telephone channels of 64Kb each. A T-3 is 672 channels or 28 T1's. You'll also see a T-1 referred to as DS1, and T-3's as DS3. A T-1 is about 1.54 Mbps, a T-3 about 43 Mbps.
Above that, we get into OC (Optical Carrier) territory:
OC-1 = 51.85 Mbps OC-3 = 155.52 Mbps OC-12 = 622.08 Mbps OC-24 = 1.244 Gbps OC-48 = 2.488 Gbps OC-192 = 9.952 Gbps OC-255 = 13.21 Gbps
There is faster stuff coming. At http://www.informationweek.com/news/21100224 , Cisco talks about a 92 Terabit per second router:
"I'm not talking about an evolution of existing routing," CEO John Chambers told a packed auditorium at the Computer Science Museum in Mountain View, Calif. "I'm talking about a whole new generation." Chambers said the new technology--which the company touts as capable of scaling to process up to 92 terabits per second of video, voice, and data traffic, sufficient to transfer the entire contents of the Library of Congress in less than 5 seconds--features 100 times the capacity and four times the speed of Cisco's existing router offerings. The CRS-1 is designed to have a shelf life of up to 20 years, supported by in-service hardware and software upgrades.
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