Final answer:
The statement is true; the local loop refers to the wired connection from a user's premises to the telecommunications provider's network, commonly known as the 'last mile'.
Step-by-step explanation:
True or False: The local loop refers to the wires that run from the customer premises to the telephone switch of the telephone company. The statement is True.
The local loop, also known as the 'last mile,' is the physical link that connects the end user's premises to the telecommunications provider's network. Before the advent of wireless technology, this connection was exclusively made via copper wires. However, advancements in technology have seen a shift to microwave and satellite transmission for long distance and local service, particularly with the rise of cellular phone systems.