So that Apple saves their money on parts. Filters, PA's etc... That's pretty much the only version available for users outside of North America.
Good points.Could be a lot of reasons (including variations in the hardware antennas), but the fact is that using those bands requires different power amplifiers. It may be the case that the PA part is more expensive for the CDMA model because of how much it supports. Sprint and Verizon don't use the same bands so that complicates the CDMA model.
One last question. Is it possible the iPhone 5 LTE radio works with more carriers networks than currently advertised? For example, du (carrier in Dubai UAE) switched on an 1800MHz LTE network a few months ago, but initial reports are saying it won't be compatible with iPhone's LTE chip. Why would that be?