Yes, and it means that large files can interact with your console directly without going through your home router wifi first. So think of it working like Apple tv. Your watching youtube on your iphone and you hit a screen prompt and the image is now playing
on your tv by passing the router.
I am on an ipad, just search for ac4, there should be an official app, it should be free (at least it was for ios) Cool thing is if you are away from your console, but still have internet, you can control Kenway's Fleet mini game and earn Reals (in game
currency) I did it for 4-5 days while away from home.