Believe it or not, I agree with you.
However, for slightly different reasons. From what the article states, it sounds like the regulations on the limit of what a company owns that are going to be removed to "encourage more broadband" easily allow one or two large companies to buy out smaller companies, 'do not innovate since they're small and lack purchasing power,' and not install broadband in the areas they've purchased.
It's going on the assumption that it is profitable to switch to broadband, and sadly I don't think a lot of companies are going to see it profitable to install broadband in some rural areas. Regions that could really use it, since it'd allow for better employment opportunities in areas where there are few.
Sure, it means that there's going to be more broadband overall in the US, but if I'm a small company who wants to start a local broadband company for my area even if I have the capital for the venture it's going to be even more difficult than before to get started because as opposed to competing with a medium sized company, I'm directly competing with one of the large ones. Even if I provide a good service, it's an uphill battle to get the word out that it exists.
Of course this is all hypothetical. Afterall, I'm sure a lot of people see the short term gain of some areas getting more broadband a lot more important than having some good (and bad) local services.
Anyway, it's all just evil leftist liberal propiganda! Afterall, Bush LOVES small business since he's a Republican and everything HE does is for small government and to help make it easier for people work in the free market!