What does Mbps mean?

Mbps (megabits per second) are units of measurement for network bandwidth and illustrate how fast a network or internet connection is. A bit is the smallest measure of binary data, either a single 0 or 1. A megabit is 1 million bits. The measure of Mbps is how many millions of bits a network can theoretically transfer each second. 

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1. Why is this important?
2. How can I help?
3. What qualifies as high-speed internet?
4. What does Mbps mean?
5. Does connection speed matter?
6. What are the expected speeds of a fiber network?
7. Am I guaranteed to get internet service that is that fast?
8. Who is going to get faster service?
9. Doesn’t this create a gap in services?
10. Are there other forms of broadband service?
11. Are any projects underway?
12. I represent an ISP, who should I contact?
13. Who’s working on this?