You got the numbers wrong they make 97% profit on an Internet connection. People keep missing that point. Verizon/Comcast are already making money hand over fist with profit margins that would make most CEOs high five their finance guy. That means if you are paying $60.00 month their fixed cost for providing your connection is like $2.00 a month. That's just not enough for the greedy robber barons. Mind you while providing customer satisfaction that by all counts is below average. AND the best part is taking huge tax incentives in the 90s to build out the information super highway only to renege when it came time to do the work saying they could not do it because of the tech bubble pop of 1999.
Also they claim title 2 common carrier status when it is to their benefit to get right of ways and claim information service when they want to block any competition. It's far far far worse than anyone really sells it. Links in case you don't believe it.