The comments by the ISPs are telling...
In short, they come across as scorned children, caught with their hand in the cookie jar. While the wireless industry isn't sure that they can be Title II'd, Verizon seems to accept that such a fate is within the rules, and their only recourse is to get that legislation they kept claiming was coming to show up and have enough support to either override a President Obama veto or contain all the things deemed important to net neutrality without the baggage of Title II.
One can only say they brought it upon themselves. They tried to make this an R vs. D. issue, they tried to scare legislators into action through
extortion, I mean using predictions that roll-out of broadband (now at 25Mbps!) to rural areas would be slowed or stopped because they couldn't build a fast-lane for AT&T, Verizon, and Comcast services while providing degraded or ala carte options (at extra cost) to have similar services from other providers available at reasonable speeds.
At the same time, Mr. Wheeler has explicity ruled out some of the other rules that come with Title II, like forcing ISPs to lease their last mile connections to competitors to provide services over the same copper or fiber. In other words, he gave the ISPs an out by allowing them to cry poverty and beg for incentives to build out to rural or impoverished areas so that they could continue the lucrative business of franchise rights to a city or region, meaning they were the only cable provider in town.