Well, to be fair, the current FCC chairman - Tom Wheeler - was a lobbyist for wireline and wireless ISPs and previously, i.e. he was also a "telecom jerk". That said, he took his job as the head of the FCC seriously and looked out for consumers. The leftover Republican FCC board members pretty much toe the line of the industries they are supposed to be regulating, and they've been fighting Wheeler every step of the way.
You're right, the writing was on the wall with regards to what would occur if Trump (or really any Republican) got elected President in 2016.