I recently had to restore my iPhone 4S to take care of some issues I was having, After restoring, I wanted to import my contacts. I found an "Import SIM Contacts" option under Settings - Mail, Contacts, Calendars. Now, from what I understand, the Verizon iPhone doesn't store contact info on the SIM card. It only uses the SIM card for connecting to a GSM network for international roaming. So I tried the "Import SIM Contacts" and to my surprise, it worked!
Can anyone explain this?