8 mbps (megabits per second) = 1 MB/sec (megabytes per second)
Some definitions for the confused:
- http://wiki.answers.com/Q/What_are_megabytes_and_megabits
- http://en.wikipedia.org/wiki/Megabit
- http://www.netbook.cs.purdue.edu/othrpags/qanda188.htm
- http://www.wisegeek.com/what-is-mbps.htm
Hope this helps..

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