With a strategically placed mesh network and some solar panels, you could potentially overcome a lot of the downsides of radio because you could target high areas, such as mountain peaks, to help bridge those obstructions.
I definitely don't disagree that the #1 safety device is a GPS/sat phone, but those are prohibitively expensive and most people don't have them. If we could get some solar powered radios along ridges, and a decent percentage of people carrying them, I think there could be a very comprehensive mesh network that would work for most needs. Bearspray is already pretty ubiquitous, I don't think it'd be that hard to get people to bring a $30 mesh radio with them as a routine thing.