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Verizon Wireless announced the launch of the first Global Ready 3G Mobile HotSpot, Fivespot. Providing WiFi (News - Alert) access around the world, Verizon Wireless Fivespot allows customers to connect and share their data connection with up to five WiFi-enabled devices such as, netbooks, tablets and gaming devices within the United States, as well as around the globe.

Developed by ZTE USA, Inc., the new Verizon (News - Alert) Wireless Fivespot comes with a pre-installed SIM card. It can provide global data service in more than 200 countries, more than 120 of those with 3G speeds when subscribing to a GlobalAccess plan, said officials with Verizon in a press release.

Available in Verizon Wireless (News - Alert) Communications Stores and online on Oct. 7 for $99.99 after a rebate, the Fivespot supports CDMA 1xEV-DO Rev. A/Rev. 0: 800/1900 MHz, WCDMA/HSDPA/HSUPA: 850/1900/2100 MHz , and GSM/GPRS/EDGE: 850/900/1800/1900 MHz.

Apart from featuring one-click power on/off, the new Fivespot also features support for VPN, instructive LED indicators, and more. Weighing approximately 2.82 ounces, the device has a form factor of 3.92 x 2.11 x 0.55 inches.

Users can choose from various mobile broadband pricing to connect to Verizon Wireless' Mobile Broadband network. Verizon Wireless' Mobile Broadband network also provides access to thousands of WiFi hotspots at no additional charge. For 250 Mb monthly allowance and $0.10/Mb overage, it costs $39.99 monthly. For five Gb monthly allowance and $0.05/Mb overage, it costs $59.99 monthly.

Verizon Wireless also offers customers of Fivespot with various prepaid mobile broadband plans, like $15 for 100 Mb for one day of use; $30 for 300 MB for one week of use; $50 for 1 Gb for 30 days of use; and $80 for 5 Gb for 30 days of use.

Customers purchasing Fivespot can take advantage of $100 mail-in rebate with a new two-year customer agreement.  Customers will receive the rebate in the form of a debit card, upon receipt. This card can be used as a cash anywhere debit cards are accepted.