I read it to mean that FCC will not force last mile unbundling. Whether they go further and write a rule that will act to prevent state a local unbundling rules is another matter.
Isn't last mile unbundling a bigger deal than Title II for ultimately delivering better broadband service? Common carrier provisions are obviously very good, but excluding the possibility of last mile unbundling seems like a bad thing for the longer term.
It may be, but FCC may not have the authority to mandate it, and they seem to think that not mandating it will encourage investment, which is needed.