T-Mobile and other wireless carries barely break even in the same sense that Amazon barely breaks even - They are reinvesting most of their profits to increase

T-Mobile and other wireless carries barely break even in the same sense that Amazon barely breaks even - They are reinvesting most of their profits to increase their profitability in the future. T-Mobile actually has one of the highest gross profit margins in the sector, along with Verizon[1]. Their net profit is indeed low, but again, mostly due to continually investing in infrastructure upgrades and spectrum purchases. I don't think these types of businesses will ever be inherently extremely profitable, but Verizon was making a nice chunk of change from ~2009-2014 until T-Mobile basically defected from the dominate market pricing contract scheme. 1. https://ycharts.com/companies/TMUS/gross_profit_margin https://ycharts.com/companies/TMUS/gross_profit_margin