You probably have so many points because you don't read what people write and keep posting the same stuff over and over.
Yes there is a problem with my phone, I know that, because my phone doesn't work. I'm not even saying that the reason it's not getting service is software related, it could well be a hardware problem, I'm saying I believe its a hardware problem caused by a software update. If you don't think software can cause hardware problems then you don't know software.
I already read your troubleshooting advice, which by the way is bad advice. I checked the about section, and my modem firmware was indeed blank, so I followed those steps to restore the phone (exactly as you posted) which resulted in it being unable to activate. I've had it diagnosed in a store now and even with the blank firmware they've confirmed there is a hardware problem.
The fact that if you search just "14.7.1" the first 3 news article results are about the "no service" issue being experienced by many users shows that it's not an isolated problem and not just a coincidence. My guess is that since Apple rolled out the 14.7.1 update to address serious zero day security exploits they became aware of, they rushed it without adequate testing that is resulting in damage to hardware for some users. There are many other reported problems with this update including many people reporting massive battery drain (e.g. from 100% to 0% in a few hours) and issues with FaceID no longer working. I wouldn't be surprised if under certain circumstances the software changes they've made is resulting in too much voltage being drawn by certain components (thus the huge battery drain and damage to hardware). Just because its not affecting 100% of users doesn't mean it's not from the software update, there's probably specific edge cases or circumstances in which it happens.
So if anyone reads this and has the same problem. Restoring your phone exactly as the above troubleshooting advice says will just result in a factory settings phone that still can't get service and won't activate so it cannot be restored or setup again, so even less useful than a phone that only works on wifi.