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The term Mbps is a unit of measurement that expresses broadband speed, or how fast data is transferred across a network. More specifically, it stands for megabits per second and should not be confused with megabytes per second, or MBps, a similar but completely separate measurement unit. Major Internet service providers use the Mbps measurement to advertise what kind of Internet services they offer. According to comments made by service providers Verizon and Time Warner in 2013, 50Mbps is the speed that most Internet customers are demanding.
The change came as the FCC published its 2015 Broadband Progress Report, which is what Congress uses to assess the US broadband market. The new definition effectively means that millions of Americans subscribing to Internet service that clocks in at less than 25 Mbps are no longer considered broadband subscribers. The average speed of service delivered in the US is 10 Mbps.