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FraudBand?

I was reading an article today at www.app-rising.com in which Geoff Daily commented how he first heard the term “FraudBand”:

“This was the first time I heard the term “fraudband,” which is defined as broadband technologies that over promise but will ultimately under deliver. The specific technology Dirk called out as fraudband was DOCSIS 3.0, which promises a racetrack with 120Mbps upload capacity but then fails to admit the limitations of its shared network where that 120Mbps may be spread across hundreds of homes.”

My question then would be isn’t the FTTH technologies operating under the same principle?  Take for instance Alcatel-Lucent solution and you notice that the transport there is 2.5Gb/s downstream and 1.2Gb/s upstream that eventually reaches a splitter in which that aggregate bandwidth is actually split and shared by 32-64 subscribers?

I don’t know that I see a difference?  Don’t get me wrong I know there is a big difference in the bandwidth, but the principle behind the “fraudband” statement seems to be about the fact cable is a shared resource in which case FTTH is no different?

What am I missing here?

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