verizon wireless arena

Verizon cellular phone service might come from a large company that's known for pretty uniform offerings, but this particular spin off is something different. Operating under the Verizon Wireless flag, the mobile company is anything but standard big business.

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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.