Although Steve Jobs said that internet tethering wouldn’t be coming to the iPad. The beta 2 of iOS 4.2 for iPad shows us differently. Hidden within the APN network settings on the iPad 3G is a new section dedicated to internet tethering. This tethering appears to be the type of tethering iPhones currently use.
The new section asks for the usual username and password to setup internet tethering, which is similar to what the iPhone had before tethering got an official iOS interface. Internet tethering is in the iPad’s future and may even launch with iOS 4.2 in November.
Reports have come in though that this pane looks to only be available on 3’s network in Europe and could not be spotted anywhere on a US model.