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Speed Stream 4060 USB Modem Light chart:

LED Description
Off No line power or USB cable disconnected
Yellow Power applied, firmware downloading from host computer
Blinking Yellow/Green Power-On Self Test (POST) passed, looking for DSL signals
Blinking Green DSL line attempting to connect to the network
Solid Green Modem is operational and connected to the network
Red Hardware failure
Blinking Yellow Modem is in maintenance mode