Verizon announced today that out the box the iPhone 5 will be able to connect to GSM.  So unlocking it to GSM will not be needed when traveling over seas.  Hopefully this is a trend Verizon continues with future releases.

Yungjohnnybravo x TatWZA

New owners of the Verizon iPhone 5 are being met with an unexpected but welcome surprise today: the device comes fully unlocked out of the box. That will come as great news for customers that travel overseas and it even allows you to insert an AT&T nano-SIM if the desire strikes you. We’ve been able to confirm that the Verizon iPhone 5 is fully compatible with AT&T’s 3G network — though differing LTE bands will prevent you from achieving high-speed connectivity. You should also be able to hop on T-Mobile’s 3G network in areas where the carrier has refarmed its spectrum, though we’ve yet to test this firsthand. We’ve reached out to Verizon for comment on the rare unshackling.