Novatel Powers New Verizon Jetpack

San Diego-based Novatel Wireless is powering the new Verizon Jetpack, verizon's new 4G LTE mobile hotspot product, Verizon and Novatel said Monday. The companies announced the deal at CES. The Verizon Jetpack - MiFi 4620L creates a personal Wi-Fi hotspot using a Verizon 4G LTE connection. The new device supports up to 10 devices, with downloads of 5 to 12 megabits per second, and uploads of 2 to 5 Mbps. The two have not released pricing on the new device yet.