Presales question for balance 20x

Hi I wanted to confirm something before ordering. Please excuse my simple questions:

This is how I understand the functioning of this product:

This router takes a sim card, so I can take the sim card from my verizon hotspot and put it into this router, add an antenna and then this router will wirelessly interface with verizon and provide data to the network as ONE OF the sources.

Then I can also plug into a wired internet connection and then use peplink software to pick how the router manages the two simultaneous connections to the internet.

Is this correct?

That is correct

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