Can an unlocked iPhone 5 work as an iPod?

[cellulartalk]

Wanted to check-can an unlocked iPhone 5 (i.e. one purchased unlocked from Apple.com) function as a high end iPod touch without ever activating service on it? Wanted to check as my iPod's toast, and I really don't want to buy another iPod touch 4 when the hardware is so outdated compared with...

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