The carrier confirmed to the Associated Press that it will not relock their iPhone 5 models.
Last year’s iPhone 4S were unlocked on Verizon after 60 days.
According to MacRumors, the reason for Verizon’s decision is an FCC regulation that prevents the carrier from locking handsets that run the 700 MHz spectrum.
The information is detailed in FCC’s CFR Title 47 Part 27.16 paragraph (e):
“(e) Handset locking prohibited. No licensee may disable features on handsets it provides to customers, to the extent such features are compliant with the licensee’s standards pursuant to paragraph (b) of this section, nor configure handsets it provides to prohibit use of such handsets on other providers’ networks.”
The site writes that Verizon’s iPhone 5 will work on AT&T and T-Mobile’s 3G network for voice and data, as well as several international LTE networks.
However, it won’t be compatible with AT&T’s LTE network.