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Is MiFi faster for browsing than mobile phone hotspot?

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When it comes to browsing, the most important thing that people consider is speed. And there are various options to connect a laptop to the internet. It could be through mobile hotspots or portable MiFi devices.

Is a MiFi connection faster than that of a mobile phone hotspot?
 
Mobile phone hotspots are generally very slow and can't make a laptop to browse very fast. MIFs are faster.
 
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