Yes, it is correct. Hub 2 Plus can operate via Ethernet, Wi-Fi, and also use 2 SIM-cards with support for 2G / 3G / LTE.
Supported cellular network standards:
- 2G (GSM900/DCS1800 (B3/B8))
- 3G (WCDMA 850/900/2100 (B1/B5/B8))
- LTE (FDD B1/B3/B5/B7/B8/B20)