Speaking of which Verizon's network is not GSM. So are these iPhones dual-network or what?
Yes:
CDMA model A1429*: CDMA EV-DO Rev. A and Rev. B (800, 1900, 2100 MHz); UMTS/HSPA+/DC-HSDPA (850, 900, 1900, 2100 MHz); GSM/EDGE (850, 900, 1800, 1900 MHz); LTE (Bands 1, 3, 5, 13, 25)
http://www.apple.com/iphone/specs.html
They just don't work on all LTE bands.
The CDMA phone, however, is more of a global device. It supports the same three LTE bands as the non-U.S. GSM phone, as well as the two main bands used by U.S. carriers Verizon and Sprint. Another benefit to the CDMA phone is that it supports GSM/EDGE radio frequencies, while the GSM phones do not support CDMA frequencies. Unfortunately, that GSM support is limited to international use for stateside customers. What is oddly missing from all three phones is LTE support for a large portion of Western Europe, which uses LTE Band 7.
http://www.wired.com/gadgetlab/2012/09/iphone5-lte-model/
And:
CDMA model A1429*: CDMA EV-DO Rev. A and Rev. B (800, 1900, 2100 MHz); UMTS/HSPA+/DC-HSDPA (850, 900, 1900, 2100 MHz); GSM/EDGE (850, 900, 1800, 1900 MHz); LTE (Bands 1, 3, 5, 13, 25)
http://www.apple.com/iphone/specs.html
I actually looked into that the other day but I guess I missed that portion. Sorry for adding to the confusion...
"I've seen it. It's rubbish." -- Marvin the Paranoid Android