"Bad for consumers and bad for the market in general. Then again, we always knew these people were shady."
Thing is, telcos don't HAVE to invest. They could simply choose to stand pat with what they have if they fell they won't make money on the next generation. They're basically telling the government, "You can't FORCE us onto 5G. It's either on OUR terms or NOT AT ALL." And who knows, they may threaten to go nuclear if the government does try to impose a 5G mandate on them. "If you try to force 5G on us, we'll PULL OUT instead. NOW see what your customers think when they lose ALL their access."