As a slightly different case my ISP is a TalkTalk Business one that is reselling TTB white label.
In the case of someone like AAISP TalkTalk Business use BRAS to deliver customers to them over L2TP.
In my case I connect to a BRAS, too, however it functions as LNS. My connectivity is native IP at that point.
traceroute to
www.bbc.co.uk (212.58.246.91), 30 hops max, 60 byte packets
1 gateway (192.168.0.1) 0.240 ms 0.280 ms 0.292 ms
2 host-62-24-255-10.as13285.net (62.24.255.10) 5.275 ms 5.311 ms 5.296 ms
62.24.255.10 is I think an Ericsson Smart Edge Router:
Aug 1 01:00:40 pppd[538]: peer from calling number 00:30:88:1E:F3:8C authorized
Aug 1 01:00:40 pppd[538]: local IP address <Snip, is static>
Aug 1 01:00:40 pppd[538]: remote IP address 62.24.255.10
Company Ericsson
OUI 00-30-88
Were you on AAISP your PPP call would be handled by the Ericsson above, but it would be doing normal BRAS LAC duties, pre-authenticating you then sending your PPP frames off in their general direction
Apart from it being able to behave like an LNS it does a similar job to the MSEs on the BTW network.