But telcos can still run voice traffic over “sane” protocols (VoLTE and VoWIFI, for example, are both wrappers over SIP if I'm not mistaken – pretty complex, but still using modern tech). They don't have to be “dumb pipes”, but I don't think there's any need to claw into complicated legacy stuff any more than it is needed to interact with legacy systems.
Totally agree with the what we want part.