Doesn't work like that, the devices need to connect directly to the phone. I did this myself for over a year with a note 2 and it was dire, if one person is doing something even remotely demanding, you can forget about anyone else getting any pages loaded.
Sent from my Google Nexus G -
Samsung Galaxy Nexus - Shiny ROM KTU84P - Fancy Kernel r53 - Android 4.4.4 KitKat
BlackBerry Bold 9650, HTC Wildfire S