Because towns and regional ISPs would deliver meaningful high speed connection at reasonable prices. That can easily happen without the burden of demands for high ROI from big ISPs.
Agreed. there is one provision that was enacted decades ago by the US government that every residence in the 48 states ( with in reason) should have 2 basic services. 1) telephone line 2) electricity. For 2015 that should be updated to 1)some sort of fiber optic line "as copper is now an outdated standard" 2) electricity.