Hi, could you help me to identify this?

Recently i check my iphone for lock status, and below is the results, but i dont know what Network Unlock:False mean,

any body here know this results?

MODEL: IPHONE 5 16GB WHITE

IMEI: xxxxxxxxxxxxx

SERIAL: xxxxxxxxxxx

CTN: xxxxxxxxxxxxx

iOS: 6.1

MAC Address: xxxxxxxxxxxx

ICCID:xxxxxxxxxxxxx

Last Restored: 2013-02-09

Network Unlocked: False << (WHAT DOES THIS MEAN?)

Activation Status: Yes

Activation Date: 2012-11-20

Activated Carrier: Etisalat - Qatar QAT

Original Carrier: US Verizon N42 Activation Policy

Applied Policy Id: 2023 - US Verizon N42 Activation Policy

Next Policy Id: 2023 - US Verizon N42 Activation Policy

(PH) Telephone Technical Support: No phone support (Expired)

(HW) Repairs & Service Coverage: Limited Warranty (Active)

HWStarted On: 2012-11-19

HWEnding On: 2013-11-18

HWDays Left: 270 days.

Thanks folks!

Regards,

Paulo