Investment Term For the Day - Last Mile

03/04/2023 1 min
Investment Term For the Day - Last Mile

Listen "Investment Term For the Day - Last Mile"

Episode Synopsis

The last mile describes the short geographical segment of delivery of communication and media services or the delivery of products to customers located in dense areas. Last-mile logistics tend to be complex and costly to providers of goods and services who deliver to these areas. Delivery of telecommunications and media content is instantaneous and very fast for physical products to the perimeter of a densely-populated area. Imagine a trunk line leading to the edge of a city or metropolitan area. Communications and media providers—inclusive of broadband cable, satellite, and wireless—spend heavily to upgrade old delivery systems and build out new networks to ensure adequate bandwidth for consumers hungry for data and streaming capabilities on their televisions, desktop computers, and mobile devices.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.