The OLT is a telecom operator grade piece of equipment and they come in various shapes and sizes. The smallest OLT available has 2x PSU and 8x PON ports, larger OLTs may achieve whatever the user requires; multiple PSU, multiple OLT management cards, Multiple Ethernet fibre SFP cards, Multiple GPON cards.
The OLT provides all the aggregation in one location, the user does not require to design other aggregation points and does not have to concern himself of equipment end user communications closets with backbone grade fibre switches. All this is performed in one location in an easy and seamless way.