When Apple announced the new iPad yesterday, they also introduced 4G LTE technologies to the tablet for the first time for faster cellular data when performing Internet tasks on the fly. With that, they also told us we would be able to use the new iPad as a tethering hotspot with the 4G LTE network. They continued by explaining to us that AT&T and Verizon would be the only two companies offering the new iPad – Sprint will not as their 4G LTE network is not as expansive as the other two carriers' 4G LTE networks are.

If you bought one of the new iPads from AT&T, then don’t hold your breath. AT&T has no plans to start supporting 4G LTE tethering via the new iPad just yet and is currently working with Apple to make it a future feature. That being said, we don't know if AT&T will include it with the current data plans or force you to pay extra for tethering. Citing 9to5Mac, this information comes from a query to an AT&T spokesperson:

Quote Originally Posted by AT&T
We are working with Apple to enable this feature in the future, but we currently do not offer it.
Verizon, on the other hand, will be supporting the new iPad’s 4G LTE tethering to other devices as soon as it comes out. The 4G LTE tethering means you can use the 4G LTE network from your iPad and move it to up to five other devices such as a laptop or other handheld Wi-Fi device. Verizon spokesperson Albert Aydin says:

Quote Originally Posted by Albert Aydin (Verizon)
The new iPad on the Verizon Wireless network will have the mobile hotspot feature. Our 4G LTE tablets have the mobile hotspot feature and it is included in the tablet data plans so for example, customers who sign up for the $30 for 2GB plan will also have access to the mobile hotspot feature.
These announcements the day after the first pre-order date will be devastating for anyone who bought the AT&T version of the new iPad already. With AT&T struggling to produce a fully-functional device on the first launch date and Verizon on its toes ready for just about anything, I’d say Verizon has the upper hand in winning customers for the new iPad. Tethering is a very useful feature that could make or break someone's decision to buy one, especially with the lower costs of using an iPad on a cellular network over using an iPhone.

Sources: 9to5Mac