Very interesting stuff....as if we didn't know.
http://crooksandliars.com/2015/02/you-wo...ers-profit
It gets even better about verizon.
http://crooksandliars.com/2015/02/you-wo...ers-profit
Quote:Using just Time Warner Cable supplied information, we find that the company reported over $5.8 billion in revenues for High-speed Internet, but had direct expenses, according to their own annual report, of $175 million -- thus the profit margin (revenue minus expenses) is 97% -- (i.e., $175 million divided by $5.82 billion). Applying it to the revenues per customer we see that the customer pays $43.92 to TWC, on average, and it cost Time Warner Cable $1.32 to offer.
It gets even better about verizon.