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You’ve been told you are getting

Fibre to the premises (FTTP) it is the best and offers the fastest service. The fibre optic cable is run directly to a termination box on the wall of your house. And then is extended internally to a NBN connection box

This is a typical equipment layout

The internal equipment will be installed by you ISP. It can be somewhat large pieces of gear and need to be carefully located.

The connection box is the termination of the fibre optic cable and the box contains a modem that makes the connection to the service.

It has connection ports for connecting network cable (cat6) between the connection box and the gateway/router. From the router (generally a wireless /router) you connect your computer mobile devices TV or similar equipment that uses your local area network. It may have additional ports to let you hardwire devices on the network or use wireless for connections.

The modem also has ports for connecting your telephone to the NBN.

If the phone or router is some distance you may find that the ISP will not do that connection. In that case you will need to get a licenced cable layer to do it for you. Most electricians hold that licence.

This link is to the NBN

View this video for more info