If the policy makers and the political process in the United States do agree to get this initiative going. It would be great boost for Web of Things and Dirt Cheap, if not free, Communication.
The buck does not stop there. Imagine the plethora and scope for innovation in the field of Digital communication this could bring up.
But of course, there are much much stronger companies, who are at loss, fighting against such policies being introduced. Anyways this is definitely a great idea, or rather a dream, with loads of end user benefits if it does come through the grinds of the political process.