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You can not share your phone wireless internet with your PS3. The PS3 will search for a WiFi connection and if one is found it can be used to connect to the internet. If you have internet service it is not a problem to connect to the PS3
First you need a wireless internet connection before you can connect the PS3 to wireless internet. You can not connect the PlayStation without already having internet service. If you have wireless internet service then you go to the PlayStation 3 settings to network connections. If you do not have a wireless internet, but have internet service you purchase a wireless Router and install it first before going to the PS3 setting for network connection. You can also connect a wired system running an ethernet cable from your router to the back of the PS3 and then going to the setting for network connection.
Not all U-verse plans support gaming and do not even come with internet unless you have paid extra. Your PS3 is designed to seek a WiFi signal and auto connect when you use the ps3 networking settings. The PS3 was designed for cable and DSL and the ads showing features for the PS3 state Online connectivity requires broadband internet service and network devices such as a DSL or cable modem. The PS3 support can help with connection problems and is available under the related link How do I connect the PlayStation 3 computer entertainment system to the Internet?
No the USB ports on the PS3 can not be used to connect to the internet. Connection must be either with the Ethernet or WiFi. See related link
Connect your PS3 to your TV then connect you surround sound to your TV.