Think mirror. This act was never to open up the markets but allow for its consolidation. He set the stage

BC's Act has not met its objectives “to provide for a pro-competitive, de-regulatory national policy framework designed to accelerate rapidly private sector deployment of advanced information technologies and services to all Americans by opening all telecommunications markets to competition”.[6]

As it hasn't met its objectives, a review and revised new Act would be common sense.

https://en.wikipedia.org/wiki/Telecommunications_Act_of_1996