In telecommunications, as in most other areas of the law, the general trend has been towards federal preemption of state law. This is going to be virtually guaranteed in the next telecom bill. The Republicans Policy Proposal makes no mention of these, and in fact contemplates a fundamental reorganization of the administrative agencies supervising all telecom providers. This may be what the writer is referring to. What can kill it is the State pre-emption clause.
All legislation provides for reform of current foreign ownership provisions.
I haven't looked at these sections closely, but I'm assuming that bans against foreign ownership will be relaxed pursuant to GATT and to reciprocal behavior by our trading partners. This is really odd, given that there is no Feb. 15th deadline. I'm not sure where the Republican policy proposal is on the Net. It was released in early January. The subtitle is misleading, since it is not yet a bill, but no doubt when it becomes one that will be the title.