Your math is incorrect: (800,000 users) times (9.95/month) times (12 months) is $95,520,000. WOW, indeed!
However, I question the 800,000 number. According to Wikipedia, the 2012 population of Georgia was 9,919,945. 800,000 seems high.
It might be accurate as to the number of 0bama phone accounts are in GA. It seems that people have no trouble getting several phones.