Can anyone tell me why a company can charge $699 a month for DSL?

The company is in St. Thomas.  It is their “business” version and it is for their 1268Kbps.  That translates to a little over 1 meg.  I asume it is 1 up and 1 down.  So who is actually paying this rate and why would you pay this rate unless some illegal shenanigans were in play?

I’m moving soon and I need reliable internet with low pings.  That basically rules out fixed wireless for me but so much for being “business friendly” in the VI!