I purchased an iphone from OZ that was either on a Telstra or Optus contract originally, the previous owner had it disconnected and then done a full factory restore.
NOW it has a "plug into itunes" symbol and "insert a valid and unlocked sim to activate iPhone" showing on the screen.
I plugged it into the latest version of itunes and again it says "insert a valid and unlocked sim to activate iPhone"
SO, if I just go and get a Telecom XT SIM card, pop it in the iPhone then connect to itunes, will I be away laughing, or is this phone locked up like a criminal????
Cheers!