For example, In the UK if you order a leased line for say 100megs, you'll get some geenric fibre blown into the building. That fibre, and the equipment to run it are all capable of at least 1gig, if not more. However you ISP will charge you a lot more for the full line speed. Why? because they can, that and upstream bandwidth costs more.
If you are interested in point to point, then getting semi decent dark fibre allows you to do DWDM to get 40 gig per strand (most fibre cables are more than on strand.)
a 32 fibre cable (Most of the cost is the physical laying, not the fibre it's self) would give you 1.2tbps theoretical. All for the cost of installing one cable.
Also owning your own cables means you can peer directly with other networks without having to go through a third party. (In the EU, and rest of the world at least, The US have some horrid monopoly system.) This means that the cost of buying bandwidth drops dramatically.