Albeit being a valid datapoint, the conclusion could as well be that it might be better to put electric power down in the ground, get better insurance, don't park under a tree, and so on…
Root penetration of buried services is a serious problem. While roots generally chase water, they will surround and crush any services which get in the way.
Trenching and conduiting is also a lot more expensive. Which is to say: you're looking at a huge amount of cost for what could be described as a very marginal gain because it's already a city.
This is a non-issue in all of Europe maybe apart from south, even poor countries can afford this and root damage is negligent. Its not a serious-enough problem to change your city planning around.
Tell you what, you enjoy your Mumbai style wire canopy, I'll pay more to live in a place where they bury the lines and tree branches and sky are the only things over my head.
I’ve only seen it done for suburban tract development, never retrofitted to an existing large city. Do you have examples that aren’t a suburban tract? Just curious how it was implemented as the expenses are usually quoted to be astronomical