Last Mile
A phrase used in the telecommunications and technology industries to describe the technologies and processes used to connect the end customer to a communications network. The last mile is often stated in terms of the "last mile problem", because the end link between consumers and connectivity has proved to be disproportionately expensive to solve. Investopedia Says:
Even compared to the costs associated with rolling out broadband wire and hardware across the expanses of the globe, the last mile connections have been plagued with technological issues and high costs. As a result of this, there are many publicly traded companies engaged primarily in "last mile" solutions and services. Related Terms:
Average Revenue Per Unit - ARPU
Fixed Cost
New Economy
Operating Margin
Semi-Variable Cost
Telecommunications Consumer Protection Act of 1991 - TCPA
Variable Cost |