The multiple light modes in MMF lead to modal dispersion, where different modes arrive at the receiver at slightly different times, limiting the fiber's bandwidth over longer distances. However, for short-range applications, MMF offers several advantages. It's easier to install and terminate, making it cost-effective for local area networks (LANs), data centers, and enterprise networks. MMF comes in several grades, designated by "OM" (Optical Multi-mode) numbers, each offering different bandwidth capabilities. Recent advancements, such as laser-optimized OM4 and OM5 fibers, have significantly increased the bandwidth and distance capabilities of MMF, making it a viable option for many high-speed, short-range applications.