Some AT&T iPhone customers were shocked to see that the Verizon iPhone includes a Wi-Fi hotspot for up to five devices. Now that Apple has released the latest developer beta of iOS 4.3, it looks like all iPhones will be getting the feature. According to a report in BGR, Personal Hotspot is listed right under Wi-Fi under the Settings menu.
AT&T has not stated whether or not they plan to support the feature. For its part, Verizon hasn't mentioned data plan pricing yet, or whether or not tethering will cost extra. The app featured on the Verizon iPhone is actually native to iOS 4.2.5, the firmware running on the Verizon iPhone.