You must not be a supply and demand kind of person are you?
Do you say the same thing about top heart surgeon’s making a bazillion dollars? I mean they have the skills to save a life, they should do it for whatever their patient can afford right?
Indeed I do say the same thing, but you are ignoring the artificial limitation in the market on the number of cardiovascular surgeons. What in the world makes you think that someone can simply charge whatever they want, without the consequence of other people offering more of the same thing? The number of doctors and hospitial beds are strictly limited by the government. Remove that limit and let them charge what they want. What do you have against individual freedom?
You do realize that the phone company was granted a monopoly right? There is nothing free and open about a government enforced monopoly.