According to a recent FCC filing, this is an embeddable WWAN and WiFi module that could be the first step in creating an internal MiFi like device, a system that would allow those sitting around you to share your WWAN connection.
There’s not much more info than that except that it’s using a Qualcomm board to transmit on UMTS 3G.
I would totally share my WWAN connection – for a price. Imagine the lucrative trade you could have in an airport.