Our money is on Verizon (NYSE:VZ) - trading at 60% the market value as its toughest competitor AT&T (NYSE:T). All of the top wireless companies (#1 Verizon, #2 AT&T, #3 Sprint - by subscribers) should benefit from rising adoption of smartphones, but service and coverage will be the differentiating factor. Managing the increased mobile data traffic has become cumbersome to say the least, which has only been exacerbated by the popularity of smartphones. The wireless market is undoubtedly becoming saturated, which will further lead to the great Spectrum-rush of 2013.
4G coverage. AT&T is focused on expanding its 4G LTE network, which is currently available in 100 markets and covers more than 150 million users in the U.S. - the wireless company plans to reach 250 million people by the end of 2013. However, the LTE expansion is just one place Verizon is setting itself apart from AT&T - toward the end of 2012 Verizon had LTE coverage in 420 markets and covered more than 250 million people. Verizon also appears to be leading the way with respect to service - per Consumer Reports which has Verizon as the number one carrier.