Ready for some 4G hotspot goodness? Verizon has begun selling its Samsung LTE router on its website, available for $99.99 after a $50 online instant rebate and with a two-year service plan. The device is 3G backwards-compatible, so in areas where Verizon’s LTE network is not available yet you’ll still have data access.

Up to five devices can share a connection using the MiFi-like device, and it supports 802.11b,g, and n. It’s also VPN capable.

The unit is not the first to allow the sharing of Verizon LTE data connections via Wi-Fi–that honor goes to the HTC Thunderbolt. However, in order to use the data feature you’re going to need to have a plan that supports it, increasing the monthly cost of ownership.

Of course, the price of admission onto Verizon’s LTE towers isn’t cheap. The Samsung hotspot requires a data plan at $50/mo, which gives you 5GB of bandwidth each month. But if you’re truly using this as a hotspot, that cost spread out over several devices sounds more reasonable.

 
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Read more: 4G, LTE, Samsung, Verizon Wireless