I explain it all here.
http://www.wetmachine.com/tales-of-the-sausage-factory/the-fcc-sets-the-ground-rules-for-shutting-down-the-phone-system-and-sets-the-stage-for-universal-broadband/
I am particularly proud of this proceeding for a number of reasons. But most importantly, because it gives us the chance to for once, FOR ONCE, stop the inequality before it starts.