Last week it was reported that the Verizon iPhone 5 is being sold with an unlocked SIM slot, allowing users with a nano-SIM or a trimmed micro-SIM from a GSM carrier such as AT&T to use the device on their networks. The Associated Press confirmed with Verizon that it will not remotely relock their iPhone 5 models. Last year, Verizon would only unlock their iPhone 4S models after 60 days.
It's worth noting that though the Verizon iPhone 5 will work on AT&T and T-Mobile's 3G network for voice and data, the phone will not work on AT&T's LTE data network. It will work on a number of international LTE networks. Apple's LTE information page details the bands that each specific model of iPhone 5 supports.
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