$20 a month for Verizon iPhone hotspot

Those who want to use their iPhone as a hotspot will have to pay $20 a month, according to Verizon.

In an interview with Macworld, Brenda Raney, executive director of corporate communications, said that the hotspot feature will come with a $20-a-month-fee, the same as current Verizon smartphone owners pay for tethering.

The iPhone will be able to connect to up to five devices and the hotspot will have its own monthly allotment of 2GB of data.

For every addition gigabyte over the limit, Raney said the company will charge an additional $20.

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