hardware needed for T1 connectivity

I am setup at a local provider with rack space and bandwidth, what is required for me to be able to add a T1 connection from my office to the rackspace. Not sure I will do this but might consider if the hardware is less than a couple of grand.

I am aware that the LEC charges about 150 for the local loop and I already have sufficient bandwidth. What else would I need to pay for.

Also am I correct to say that a T1 connection can not burst above a 1.544Mb/s rate. A message on this board made mention that this is not true.

Thanks I appreciate this board and have already learned a great deal.

 

 

 

 

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