IMHO, regardless of what you think of Objectivism or libertarianism, the standard libertarian critique of government interference does not apply to net neutrality. It would apply if telecom were actually a free market and if telcos did not receive large amounts of state support.
Conservatives and most libertarians usually fail the see the distinction between actual private businesses that operate in a free market (e.g. Google, Apple, etc.) and state-backed quasi-private enterprises like telcos. The latter are aptly called "Soviet bureaus."
More likely than you borrowing a few "hundred billion," large, midsize, and even small corporations would invest a "few million" in a city or neighborhood somewhere and use the profits to continue investing in other profitable areas. They might even collaborate and start connecting entire cities together (oh look, a backbone). I find this a much more desirable outcome than a government-run or (the current) psuedo-government run scenario.
Or were you just trying to slur someone for having a different viewpoint?