The company argued back in February that offering all phones unlocked upon sale has led to theft that impacts customers at a rate of around 7,000 a month. “As a result of this activity, these customers have to deal with the inconvenience and hassle of identity theft, and Verizon sustains financial losses,” the company wrote. “While we actively work with law enforcement to stop this growing trend, it’s time that we take a stand to protect our customers. The FCC agreed. “This limited waiver will not undermine the underlying policy objectives of the handset unlocking rule and will, in fact, better serve the public interest,” the ruling reads. “The locking rule was adopted to enable consumers to migrate from one service provider to another on compatible networks.