said by tshirt:
Vodafone owns 45% of verizon wireless while Verizon owns 55%.
Verizon has full control over VZW operations, Vodaphone is just along for the ride. Verizon's investment for VZW came from the wireline division, VZW is controlled by Verizon's management, and most of the profits from VZW go back to VZ. They may be a subsidiary on paper but for all intents and purposes they are the same company.