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Link: http://wirelessnorth.ca/2008/08/26/where-oh-where-your-wireless-bill-goes/
37% net profit. Not bad at all.
(Via Michael Geist)
(And look at the comments on Geist's site; there's one that can be summed up as "don't blame corporations for being greedy; it's their nature." Problem is that it's meant as exculpation, not castigation...)