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Although most people generally don't think of it when they go to unlock their cellphone for another carrier, the process of doing so in the U.S. has been a topic of much debate involving consumers, the House of Representatives, and even the President of the United States.
For those unfamiliar, service providers like AT&T and Verizon typically lock their devices so they can only be used with their service. If unlocked, phones can be taken over to other carriers. This is hugely important for promoting healthy competition and empowering consumer choice, not to mention being very useful for travel.

Full story from the iMore Blog...