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If the max speed is 53K, why is it called 56K??

Marketing. Modem companies knew the FCC limited the maximum speed to 53K, but their modems were capable of 56K. Realizing that more people would buy a 56K modem than a 53K modem, they advertised them as such. Once the FCC restriction is lifted, 56K capable modems will be able to operate at full speed.

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