I can very well imagine them actually gathering all that data, but this list of permissions is something a lot of apps have nowadays. Even very trivial apps. And 99% of people don't care.
Of course it's another matter if you immediately have the kgb in front of your door, compared to just getting your data collected and sold, but still
Nope, works absolutely fine with cable as well. Not sure how it was in the past, but I'm not particularly missing any feature