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Verizon Wireless owns the America's most reliable wireless network, serving nearly 55 million cell phone customers. Verizon Wireless operates the second-largest wireless telecommunications network in America, based on total cell phone customers. And Verizon Wireless still continues to increase its market share of the postpaid retail market segment. Verizon Wireless is a joint venture of Vodafone Group (NYSE and LSE: VOD) and Verizon Communications (NYSE:VZ), with 45 and 55 percent ownership respectively.

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Verizon Wireless came up with an answer to the ring tone rage that is going around in the cell phone industry. Instead of going with the flow that every cell phone manufacturer has gone through, Verizon came up with the ring tone reverse.