Verizon said it is doing this to deter criminals from stealing phones, often on route to retail stores or from the stores themselves. Unlocked phones make attractive targets because they can be resold on the black market or used overseas with different carriers. That’s particularly the case for iPhones, which are a top target for thieves because of their high resale value.
“We’re taking steps to combat this theft and reduce fraud,” Tami Erwin, executive vice president of wireless operations for Verizon, said in a statement. “These steps will make our phones exponentially less desirable to criminals.”
Once the new policy goes into place, all smartphones sold by Verizon will be locked for a certain amount of time.