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That would be a reasonable expectation, but I want to remember this being talked about as a revolution for internet in the US; how much better it would be compared to shitty cable providers and how you would get Gigabit speeds without having to run fibre.
Sure, it looked impressive early on, but a wireless system like this will always degrade the more customers they get.
I also remember it was cautioned early on that they had limited bandwidth and so focused on rural areas and a backup for cell phones. For rural areas this is better than having to run fiber (rural areas typically didn’t have cable, though they were running fiber close enough to get DSL - better than nothing but very slow)