So the industry sells the phones "at a loss", but it doesn't lose money on that, because it eventaully makes back the full cost and more, and if it doesn't make

So the industry sells the phones "at a loss", but it doesn't lose money on that, because it eventaully makes back the full cost and more, and if it doesn't make back the full cost it considers that "fraud". I don't understand how that's supposed to be doing poor people a favor if they still ultimately pay the full cost of the phone and the service.