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The quick answer to the question, while generalizing, is consistent with my experience:

What is 3G?

In the US - speed
In the rest of the world - UMTS (new specturm)

Unfortunately, there has been a heavy spin in the last year for "3G". What was once 2.5G and evolutionary techonology has suddenly skipped up to 3G. No change in technology, timing, etc, just a new name. It was forced down the US industry's throat @ CTIA. Suddenly the US is the first to 3G after hearing for years that we are "at least a few years" behind Europe. Doesn't happen without some serious spin...

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