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How much profit would you make if you register .tel domain names for companies and sell them back to them?

Not a lot as what you are doing will very likely end you up in court with massive legal expenses. Cybersquatting is what you are trying to do and that been done tested and failed. Are you seriously going to sell coca-cola.tel to Coca Cola? You are infringing on trademarks and my advice to you would be to move on and don't even think about this anymore.
I heard apple brought www.iphone.com for $1 million from some guy who knew you would be able to make phone calls over the Internet in the future and purchased the URL for a few dollars
Hello, Nothing like .com .asia, .me recently opened, but no response after initial bookings. though there is some potential in .TEL , as this will work in a totally different technology. .TEL domains will be hosted by Registry, no additional hosting needed. So may be chances are there for sucess. Regards, Vinay http://www.netlynx.com/dottel.htm