Re: Well it seems that fiber optics companies are going to make a killing in offshore revenue
Nono, the US telcos will lobby that they are falling behind China, France, North Korea (why not?) and require billions of dollars from the government so they will be able to upgrade their networks so everyone in the country can access super fast 20Mb interwebs, then spend all the money on explaining why they can't upgrade their systems to compete with other countries.
Though speaking less silly, the internet speed of China doesn't matter to the US, they don't tend to have social media or search engines or such that can compete with US companies due to language barriers or high import taxes (or government censorship), all the major companies are currently American (Google, Ebay, Amazon, Facebook, Twitter) and people are not likely to switch away from them so there isn't the pressure from these companies to lobby the government, they already won the competition.