Do you just not understand how history works?
Before regulations you had to RENT your phone. You were only allowed 1 provider for your local phone and could pick a long distance carrier.
Insert Title 2, phone lines became dumb pipes, then all the cool stuff you posted about like internet, answering machines, caller id, modems, DSL etc came in to being. Regulations and breaking up AT&T so there was competition is what got everything going.
I say bring back the government that had a backbone and a set of balls. Break up some of these banks! Break up the cable companies! Fuck em. You will hear all the people scream about how the government shouldn't meddle in private business, but its the only thing they listen to. Start breaking them up and see how all of a sudden they start to play nice, so they don't get broken up as well.