The plan though is to sell off the exchanges and remove the cabling for recycling. The fact is that the router will still need power as will the street infrastructure, be it coaxial cable or fibre.
Virgin have decided not to fix new wiring into faulty phone installations, where possible just move the subscriber to a new unused circuit. I imagine they will be going down the same route. One problem I have had with land lines using voip is that a tone dialling memory device held against the microphone is nowhere near as reliable as on a directly connected phone. Brian