Broadband internet via cables, fiber optics, and radio towers is state of the art in telecommunication infrastructure. Satellite is both slower, more limited, and more prone to various disruptions. The capabilities of the wires and the radio towers is also improving. 5 years ago we didn’t have 5G towers, and 20 years ago fiber optics seemed a distant dream. The only thing freezing traditional telecommunication infrastructure in place are dreams of low earth orbit satellites which will never materialize.

If I understand your analogy correctly (which I‘m not sure I do) this is like looking at the new technology of pneumatic tubes and stipulating that all postal delivery will be done using this new technology in the future, and we may as well stop funding the national postal service, remove mail-rooms from our ships and trains, because somebody will build a pneumatic tube that will deliver mail door to door between New York and Chicago.