The phone network is thus not just a technical infrastructure, but a socioeconomic one. The more Americans abandon it to go mobile-only or make phone calls over the internet, the more fragile it becomes: its high fixed costs have to be spread over ever fewer subscribers. If the telephone network in New York State were a stand-alone business, it would already be in bankruptcy. In recent years it has lost 40% of its landlines and revenues have dropped by more than 30%

All the more reason to put the infrastructure into a public trust, while service providers lease it from the public. This ensures its viability while also allowing for innovation and economic diversity in services provided.

Slashdot Technology Story | The Decline of the Landline