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STEPHEN M. WALTERS is a Principal at Telcordia TechnologiesU Professional Services business unit. The firm's foremost authority on broadband networking, he has earned the Telcordia Fellow Award for a distinguished, sustained career of professional and technical achievement. Network Computing magazine named him one of the "Top Network Technology Drivers" in 1995. The following year, Network World magazine named him a Power Player. He also served as Chairman of the Board for the ATM Forum and has provided consulting support and briefings to the Federal Trade Commission and the Federal Communications Commission. A Fellow of the IEEE, he holds 8 patents.