From a DSL perspective, as this is a DSL forum, I'd say they are greedy. When SBC acquired AT&T I was paying $24.95 for 3008/512 DSL service. When AT&T (just SBC re-branded) acquired Bellsouth, legacy Bellsouth DSL customers were paying something like $37.95 a month for 3xxx/384 DSL service. While SBC must have considered $24.95 a month profitable, as AT&T they started raising my prices toward Bellsouth levels.
However, my experience is with DSL service, which is the focus of these forums. Nearly as I can tell, cell phone service is covered here:
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