That is true assuming the MAC address of the Pod is the same as the one associated with the Hub on your account. It is not unknown for the incorrect MAC address being put in.
VM do this so they can control their access on the VM network - for example to prevent any that are bought on eBay or donated by friends ever working on anyone else's Hub.
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John
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I do not work for VM. My services: HD TV on VIP (+ Sky Sports & Movies & BT sport), x3 V6 boxes (1 wired, 1 WiFi, 1 on PA) Hub5 in modem mode with Apple Airport Extreme Router +2 Airport Express's. On 250Mbps, Talk Anytime Phone, x2 Mobile SIM only iPhones.