Add up all of the subsidies that TelCos like Verizon collected over the years, then subtract that from the federal taxes they have paid. Bet you'll have cash left over...
But that's not convenient to your argument, is it...
That is why we should try a true free market approach where the government does not transfer wealth to Verizon.
The telephone/ broadband (wired/wireless) market is essentially a limited duopoly. So there is nothing free about it.
I say that all Verizon customers (wireless and wired) should call and threaten to cancel unless their predatory profiteering is stopped IMMEDIATELY.
Heck for that matter I think there should be a "national call to cancel day" for ALL such service providers, what a shock it would be if millions of subscribers threatened to stop service.
The greedfest among them all seems never ending. No one here is against any company making a decent profit, but the scorched earth policy these companies are engaging in to line the already fat pockets of the executives and shareholders must stop.