Also, setting your format to text allows you to input certain symbols eg hyphens, if you local directory displays number groupings seperated by such symbols eg 555-5555. Also, you can then add in such anomalies as Ext.123 if you are recording department Nos. within large companies. A number format won't allow non-numerical data.
If you want to include International dialling code facilities, the current standard format (based on calls made from Mobiles/Cell phones) is to precede the Number with a +symbol followed by the digit(s) required to call INTO that Country. Eg for UK based numbers it's +44, for Australia it's +61 and USA it's +1. The leading '0' is then placed in parenthesis ie (0). It is only required if making a local or National call, but dropped if making an International call. My number begins +61 (0) 406. A call made to my Aussie phone from another Aussie phone would begin 0406... but if made from a foreign phone +61 406...
You may wish to format your field to record International Dialling.