Point-to-Point is distinct from point-to-multipoint and broadcast.
In pt2pt, the telecommunications signal typically is bi-directional, either Time domain Multi-plexed or channelized.
In hubs and switches, a hub provides a point-to-multipoint (or simply multipoint) circuit which divides the total bandwidth supplied by the hub among each connected client node. A switch on the other hand provides a series of point-to-point circuits, which allows each client node to have a dedicated circuit and the added advantage of having full-duplex connections