What is the whole purpose behind unlocking an iPhone?

What is the best advantage of unlocking an iPhone?

Everybody talks about unlocking an iPhone.. I am planning to buy a new iPhone 4S or may be wait till iPhone 5 to release... All I want to know is after buying iPhone, even I have to unlock it?
Answer:

The advantages of unlocking an iPhone is there pretty much all over the web. I feel and I guess many others do also feel the same that the best advantage of unlocking an iPhone is that it lets you use the network you like. This lets you keep your call and internet charges under control. In my case, I do not like to get stuck up with AT&T on my iPhone. Hence, the day when I purchased the phone, I unlocked it! It takes only few minutes to do it. Once you unlock iPhone, you can insert any SIM card on your phone. If you like prepaid SIM cards, you can use it on your unlocked iPhone. In other words, if your iPhone is not unlocked, you cannot use another SIM card. I think that if I can unlock an iPhone then anybody can unlock it on their own. It’s that easy.

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