Verizon Wireless is the largest wireless communications services provider in the U.S. Their network has over 94 million customers, with coverage available in more than 220 countries. They have over 78,000 employees, and reported more than $70 billion in revenue in 2011. Verizon Wireless is a joint venture between Verizon Communications, which owns 55 percent, and Vodafone.
They recently were awarded top honors again for wireless network performance from J.D. Power and Associates, marking the 16th time Verizon has received that honor in five U.S. regions. Verizon, Sprint, T-Mobile and AT&T were tested in 10 different areas for lost calls, dropped calls, connection errors, downloads and audio issues—and Verizon lost only to U.S. Cellular in the north central division.
4G LTE Network
One of the reasons Verizon Wireless has been on top of various surveys is the fact its 4G LTE (Long Term Evolution) network is the largest in the country, and now covers more than 75 percent of the U.S. Their 4G LTE coverage is bigger than all other major carriers combined.
They invest, on average, six billion dollars each year on their network, in order to increase coverage and capacity. Other wireless network providers rank lower, because customers report more problems using older 3G technology. The 4G LTE network is roughly 10 times faster than the 3G network, with download speeds from five to 12 Mbps, and upload speeds from two to five Mbps.
As part of their network development, test employees drive a fleet of specially-equipped cars over one million miles each year, that make three million calls and 12 million data tests to monitor network performance.
Verizon Wireless recently received approval from the Federal Communications Commission to purchase $3.9 billion worth of unused airwaves from various cable providers, including Time Warner and Comcast, for future use. This 20 MHz section of the spectrum purchased must be made available to 70 percent of the people under Verizon's coverage over the next seven years.
Share Everything Plan
Verizon's Share Everything Plan is its talk, text and data plan for smartphones that allows data to be shared on up to 10 different devices. The plan ranges from one gigabyte for $10, to 10 gigabytes for $100. The price for a shared plan is determined by adding the predetermined price for each device you want to use, with the amount of data you want to share between them.
Verizon Video lets customers stream news, sports, weather and on-demand TV shows to a smartphone with over 100 channels, for three dollars a day or $10 a month.
Verizon Tones are songs customers can purchase to use as ringtones or ringback tones. This feature was formerly called VZW Tones or V CAST Tones.