This tutorial is for those looking to tether with their Huawei Ascend.

Please do the following at YOUR OWN RISK.

There is USB tethering and WiFi tethering.

First, we'll discuss USB tethering.

USB tethering can be done without rooting your phone. You can use an application called PDANet. You can find that in the Market. After you install it on your phone, you also need to install it on the computer. To do this, click on the following link:
Download PdaNet

After you're done downloading that and downloading the PDANet application from the Market, open the application. Click on "Enable USB Tether". After that, plug your phone into the computer. You should see a pop-up on the right hand corner of your screen. You can click on that to connect. If you don't see that, look for the PDANet icon, and right click. Then click on "Connect Internet".

There you go! You're now tethering via USB!

Now, we will discuss WiFi tethering.

To do this, you need to root your phone. To root your phone, click on the following link:

After you root your phone, you can download an application called Barnacle WiFi Tether from the Market. After you download the application, you should be able to click "Start". Soon after you hit "Start" you can search for wireless networks and you should be able to find your phone and connect. Remember, you can change the name of the network and you can set a password.