Asynchronous Transfer Mode (ATM) is a telecommunications standard defined by ANSI and ITU (formerly CCITT) for digital transmission of multiple types of traffic, including telephony (voice), data, and video signals in one network without the use of separate overlay networks. ATM was developed to meet the needs of the Broadband Integrated Services Digital Network, as defined in the late 1980s, and designed to integrate telecommunication networks. It can handle both traditional high-throughput data traffic and real-time, low-latency content such as voice and video. ATM provides functionality that uses features of circuit switching and packet switching networks. It uses asynchronous time-division multiplexing, and encodes data into small, fixed-sized network packets.