Aspects of a method and system for peer-to-peer cellular communications are provided in which one or more cellular communication channels may be established between a femtocell and a plurality of communication devices. The femtocell may control routing of data between the plurality of communication devices via the one or more cellular communication channels. The femtocell may enable multicasting and/or broadcasting data from one of the communication devices to two or more remaining ones of the communication devices. The multicast and/or broadcast data may be communicated via the cellular communication channels and may be additionally communicated via an IP connection to the femtocell. Data may be communicated over the cellular communication channels in compliance with 3rd generation partnership project (3GPP) standards and/or 3rd generation partnership project 2 (3GPP2) standards. The femtocell may reformat data prior to communicating it to one or more of the plurality of communication devices.