Telco's already do enough lobbying without an established lobby. Read anything about the topic of Net Neutrality lately? If they did have a lobby it would be concerned with making money, not fighting the evil "Insert Industry Here". This would just make things worse for the end user.

Oh no the MPAA is "investigating"...
That is like saying Al Gore is "investigating"... Scary!
But really what the hell is a Lobbying group investigating for? Someone really needs to tell them that they aren't a government agency.