ATM & ADSL

A Virtual Channel (VC) denotes the transport of ATM cells which have the same unique identifier, called the Virtual Channel Identifier (VCI). This identifier is encoded in the cell header. A virtual channel represents the basic means of communication between two end-points, and is analogous to an X.25 virtual circuit.
A Virtual Path (VP) denotes the transport of ATM cells belonging to virtual channels which share a common identifier, called the Virtual Path Identifier (VPI), which is also encoded in the cell header. A virtual path, in other words, is a grouping of virtual channels which connect the same end-points. This two layer approach results in improved network performance. Once a virtual path is set up, the addition/removal of virtual channels is straightforward.
ATM has proved very successful in the WAN scenario and numerous telecommunication providers have implemented ATM in their wide-area network cores. Also many ADSL implementations use ATM. However, ATM has failed to gain wide use as a LAN technology, and its complexity has held back its full deployment as the single integrating network technology in the way that its inventors originally intended.
Many people, particularly in the Internet protocol-design community, considered this vision to be mistaken. Their argument went something like this: We know that there will always be both brand-new and obsolescent link-layer technologies, particularly in the LAN area, and it is fair to assume that not all of them will fit neatly into the synchronous optical networking model for which ATM was designed. Therefore, some sort of protocol is needed to provide a unifying layer over both ATM and non-ATM link layers, and ATM itself cannot fill that role. Conveniently, we have this protocol called "IP" which already does that. Ergo, there is no point in implementing ATM at the network layer.
In addition, the need for cells to reduce jitter has reduced as transport speeds increased (see below), and improvements in Voice over IP (VoIP) have made the integration of speech and data possible at the IP layer, again removing the incentive for ubiquitous deployment of ATM. Most

Assymetrical Digital Subscriber Line (ADSL) is a form of DSL, a data communications technology that enables faster data transmission over copper telephone lines than a conventional voiceband modem can provide. It does this by utilizing frequencies that are not used by a voice telephone call. A splitter or micro filters allow a single telephone connection to be used for both ADSL service and voice calls at the same time. Because phone lines vary in quality and were not originally engineered with ADSL in mind, it can generally only be used over short distances, typically less than 3mi (5 km). At the telephone exchange the line generally terminates at a DSLAM where another frequency splitter separates the voice band signal for the conventional phone network. Data carried by the ADSL is typically routed over the telephone company's data network and eventually reaches a conventional internet network.
The distinguishing characteristic of ADSL over other forms of DSL is that the volume of data flow is greater in one direction than the other, i.e. it is asymmetric. Providers usually market ADSL as a service for consumers to connect to the Internet in a relatively passive mode: able to use the higher speed direction for the "download" from the Internet but not needing to run servers that would require high speed in the other direction.