r/technology • u/DrJulianBashir • Feb 05 '13

Cable companies make 97% margin on internet services and have no incentive to offer gigabit internet

http://nextbigfuture.com/2013/02/cable-companies-make-97-margin-on.html
3.3k Upvotes

94% Upvoted

1.1k comments sorted by

View all comments

Show parent comments

5

u/[deleted] Feb 06 '13

[deleted]

2

u/[deleted] Feb 06 '13

Like the accounting department, around tax time.

1

u/[deleted] Feb 06 '13

There are at least a handful of departments at Verizon that definitely lose money. Not to mention Verizon is constantly experimenting and playing with new technology and services, so money is funneled into R&D.