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What does OC1 stand for?

OC1 stands for Optical Carrier 1 (51.48 Mbps)

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Other Resources: Acronym Finder has 4 verified definitions for OC1

Samples in periodicals archive:

Short for Optical Carrier, used to specify the speed of fiber optic networks conforming to the SONET standard. The table shows the speeds for common OC levels.
Optical Carrier transmission rates are a standardized set of specifications of transmission bandwidth for digital signals that can be carried on Synchronous Optical...