Why Your Phone, Cable & Internet Bills Cost So Much

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Posted by Jack Powers

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Jack Powers
3.2
by Jack Powers - Sep. 25, 2012

Over the course of the last 20 years, nearly $500 billion has been collected by the telecom companies to (allegedly) bring America into the 21st century with an “Information Superhighway,” says Johnston. That works out ot $3,000 per household to have access to high-speed Internet. But America did not get what it was promised and much of the country will never get fiber optic lines, Johnston tells The Daily Ticker. And even in cities that do have the faster service, the service is not always accessible.

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