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Verizon, Novatel Turn Broadband into Wi-Fi

The MiFi 2200 Intelligent Mobile Hotspot from Verizon Wireless and Novatel Wireless will enable Verizon networking customers to create temporary Wi-Fi hot spots capable of supporting five devices and mobile broadband speeds.

Verizon Wireless has teamed with Novatel Wireless to offer the MiFi 2200 Intelligent Mobile Hotspot, which will be available May 17.

With the MiFi, Verizon Wireless customers can create a personal Wi-Fi cloud capable of connecting up to five devices, such as notebooks, netbooks and gaming devices, at 3G mobile broadband speeds.

The travel-friendly MiFi measures 3.5 by 2.3 by 0.4 inches and weighs just 2.05 ounces. Combined inside are integrated internal CDMA (Code Division Multiple Access) and Wi-Fi antennas, and security and authentication technologies.

Click here to read why some analysts say putting the iPhone on Verizon Wireless' network would benefit Apple.

When only one device is connected, the MiFi's rechargeable battery offers 4 hours of use; a single charge holds 40 hours of standby time.

"With projected growth rates of over 30 percent for Wi-Fi mobile phones, MiFi will be of great benefit to both business customers and consumers," Mike Lanman, a vice president with Verizon Wireless, said in a statement. "It gives customers the flexibility to transform their Wi-Fi-enabled consumer electronics into mobile broadband devices and to choose how and when they need to be connected at a price point that will match most budgets."

The MiFi has a retail price of $99.99 after a $50 mail-in rebate and with a new two-year customer agreement. Monthly service pricing is either $39.99 for a 250MB monthly allowance and 20 cents per megabyte overage or $59.99 for a 5GB monthly allowance and 5 cents per megabyte overage.

When the device is purchased at full retail price, without a monthly service plan, a 24-hour DayPass will be available for $15.

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