The second part is the tricky part - I've gotten offers from DDoS mitigation providers that advertises that level of capacity, but how much it helps depends entirely on how much of that traffic they can scrub.
If they only scrub half of that traffic, you're still getting a massive DDoS attack against your origin servers anyway. And the frustrating thing about buying DDoS mitigation is that you have absolutely no way of knowing how much traffic any DDoS mitigation service can actually scrub of a given attack before it hits you...