The statement is false because multimode fiber optic cables and single-mode fiber optic cables have different transmission distance capabilities. Multimode fiber is generally used for short distances due to modal dispersion, which is greater in multimode fibers compared to single-mode fibers. Single-mode fiber, with a smaller core diameter, allows for much longer transmission distances and is preferred for long-haul network infrastructure. Therefore, it is incorrect to assume that multimode fiber allows for the same transmission distances as single-mode fiber.