I will go a little further into it, since you asked
Verizon is a
CDMA phone carrier,
CDMA is the technology of their towers, phones, network, etc. Sprint is another
CDMA type of carrier. Their phones don't use
SIM cards, so their phones run off the
IMEI number, and other numbers on the phone to be registered to the Network.
GSM is the other type of technology. T-Mobile and ATT use this technology, and they use
SIM Cards. There are good and bad points to both technologies, and some say
GSM is the wave of the future.
To your question specifically, ATT's network will not accept, use, or even recogonize a phone that is from a
CDMA (Verizon) carrier, and vice-
Versa.
The point in unlocking phones is so you can use it on any carrier that use's the same technology (I.E.
GSM or
CDMA)
I use Wikipedia to learn about stuff like this, you can go there and type in
GSM and
CDMA and it will further explain it to you, this is just a basic overview of what I was trying to say before.
I hope this helps bud!