I'd say it's too early to draw the author's conclusion, but if the data keep moving the same way for another two or three years, he could well be right.
Which only makes sense. In one fell swoop the broadband industry went from very lightly to very heavily regulated, including the threat of price regulation. Industries subject to heavy regulation, uncertainty, and especially the threat of price regulation simply aren't going to invest as much. When the potential for profit is marginally reduced, the attraction for investment is also marginally reduced. . . .
Well, investment data for the first half of 2015 is in, and the evidence is clear: Broadband companies dramatically reduced investment as a result of the FCC's Title II regulation of broadband.