HIPERLAN2 is a wireless network standard that operates at 5GHz, offering data rates up to 54Mbps. It supports quality of service, security, and mobility. There are two modes of operation: centralized, where devices connect through an access point, and direct, for device-to-device connections. The protocol stack includes physical, data link control, and convergence layers to interface with different network protocols like Ethernet, Firewire, and ATM. Handovers between access points can be done at the radio or network level.