Do you really believe that? If we're trailing Europe and Asia, it's because they caught up to the U.S. after the post-WW2 period when we were the only major industrial power in the world. Nothing we do with the corporate structures we have here in the U.S. is ever going to change that.
It’s not belief it’s TRUTH. They got to catch up to us because we stopped being the driving force in phone technology. THAT was the benefit of AT&T. One single company given the monumental task of proving a massive and highly populated nation with the phone service it needed needed to constantly push the technology and had the resources to do it. Baby Bells had neither the money nor the need. So we stopped driving. Which let Europe catch up, and then pass us.