Back in 2015, Time Warner Cable testified they make a 97 Percent Profit Margin on High-Speed Internet Service for residential customers. I would guess Verizon is doing okay.
That was because according the accounting infra is mostly amortized for 'triple play' and TV was ( is ? ) highly profitable. Basically 97% math assumed that infra was built for TV channel delivery and the Internet is 'free bonus'.
I don't work for TWC and have no their services. However friend of mine worked in past for a regional competitor of TWC around 2010 and explained the logic above.
I don't work for TWC and have no their services. However friend of mine worked in past for a regional competitor of TWC around 2010 and explained the logic above.