I miss the old Ma Bell. Its monopoly meant that AT&T Bell Labs had no financial pressure which allowed it to pursue pure research and crazy ideas that won several Nobel Prizes and laid the foundation of the 21st century.
It's impossible to say what would've been. Would it really have been worse than the miserable choices of telcos in their current form? Verizon, AT&T, etc.
Similarly, Google's ad revenue allows it to pursue incredible advances in AI and driverless cars that would otherwise be unprofitable.