The major long distance carrier, AT&T, reveals that it earns a 40% margin from its long distance business.
In its heyday, IBM was hassled because it made a 20% margin on sales !!!
NO WONDER, all the local phone companies want to get into Long Distance !!!!
They want-in, on the gravy train.
THE AVERAGE DJI--(Dow-Jones Industrial)-- COMPANY EARNS 5% TO 6% MARGIN ON SALES .
Look what is happening to your cable rates. The same greedy rape is going on there. They have a natural monopoly with the one cable into your home. Unless you go satellite, they will continue the ripoff, over time, (rape you for higher and higher profits.)