Hoping to expand its 4G access beyond just notebook adapters and a few phones, Korean cellular provider KT today launched a new network gateway simply known as the Egg. The round device pulls a WiBro (WiMAX variant) connection of its own and shares it over Wi-Fi, effectively creating a local hotspot with download speeds as quick as 37Mbps. KT specifically sees it as ideal for giving the iPod touch wide-area wireless and expects to sell the Egg at Apple resellers, though handhelds like the Nintendo DS and others that need Wi-Fi will also work.

The device has its own power supply to run wirelessly and should be available generally in Korea for the equivalent of $164. Those who sign up for a 50GB monthly data plan will get the device for free; key Apple resellers in Myeong-dong and Samseong-dong will start carrying it in May. [via Korea Times and Engadget]