All of the major telco's have been scaling back their investment, especially in wireline services. Trying to dump copper, no longer building out new fiber (Verizon), and trying to convince people to switch to more profitable wireless.
They claim that Wireless is a perfectly acceptable alternative to cable/wire based broadband. Verizon used that exact claim to get out of paying New Jersey billions of dollars when they failed to meet the promise of broadband to the entire state.
At the same time, they then lobby the crap out of the regulators to explicitly exclude wireless from regulation, specifically the Net Neutrality rules.
They cannot have it both ways.
Here's the thing, if "broadband" was classified as Title II, would that not also include Wireless, which the telco's have lobbied hard to be excluded from pretty much any regulation that would protect consumers.
As for wired services, they can threaten all they want, as someone noted earlier, the scene from Blazing Saddles, threatening to shoot yourself in the head if the Feds don't leave them alone, is an empty threat. We already know they have scaled back capital expenditures. And sure, at the beginning, they might go through with their threats, but what will happen, is people will start to migrate from one crappy provider, to the next slightly less crappy provider, resulting in significant losses for the companies losing people. That will then spur the next upgrade wars, where they will have no choice but to upgrade to get customers back. It might be slow going to get to any speedy service like they have in pretty much every other country that has cheap quality broadband, but it will happen.