When the iPhone 5 arrived on doorsteps last week, some Verizon customers were surprised to discover the handset was unlocked on international and US-friendly bands, as iDownloadBlog pointed out. This means customers can sign up for Verizon, stick an AT&T nano SIM in the phone (or chop up a conventional chip) and it'll work out of the box. Granted, it won't connect on the GSM carrier's LTE service, but it will work fine on the older network.
This also means VZW customers can travel overseas and not have to worry about asking Verizon to unlock the phone before they leave. (Traditionally VZW will unlock a phone for customers