Isn't that what the SFP module that you have to flash firmware to does though?
Firmware doesn't come into it. An ONT even uses different lambdas (frequencies of light) to a media converter, and includes a filter to separate out the transit and receive lambas from the same fibre; that is, the hardware is completely different.
You *can* buy an ONT in an SFP/SFP+ module form factor, which means you could plug it directly into a switch or router with SFP/SFP+ socket. But this module is still a self-contained ONT. A media converter is ethernet-to-ethernet only, and has no PON capability.
In any case, I strongly recommend you don't replace the network-supplied termination device. This is the demarcation point for the service, so if you remove this, they will (quite rightly) disclaim all responsibility for problems with the service.
Don't waste your money buying things that won't work. Use the equipment supplied by the network operator. If they supply a router and you want to use your own, then either put their router in bridge mode (which effectively turns it into just an ONT), or ask the network operator to supply you with a pure ONT - some altnets will do this on request.



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