What does MPLS stand for?

MPLS stands for Multiprotocol Label Switching. It is a sophisticated technique used in high-performance telecommunications networks to direct data from one node to the next based on short path labels rather than long network addresses. This allows for more efficient data forwarding and the creation of end-to-end circuits across any type of transport medium, making it versatile in handling different network protocols. The use of labels helps to streamline data routing processes and offers enhanced performance in terms of speed and bandwidth management.

The other terms presented do not accurately describe the concept of MPLS, making the first option the only correct choice.