UPDATE 1-Clearwire unveils pay per day, week options

* Rover priced at $5/day, $20/week or $50/month

* Clearwire shares down 2.3 pct

NEW YORK, Aug 30 (BestGrowthStock) – Clearwire Corp (CLWR.O: ) on
Monday announced Rover, a pay-as-you-go mobile broadband
Internet service aimed at young adults who do not want to
commit to a contract that ties them in for a year or two.

Clearwire, which is majority owned by Sprint Nextel (S.N: ),
expects Rover to attract 18- to 24-year-olds who are looking
for high-speed wireless Internet connections for devices like
laptops but want more flexibility than contract services.

The company, which competes with much bigger rivals Verizon
Wireless and AT&T Inc (T.N: ) said that pricing would start at $5
per day and rise to $20 for a week and $50 for a full month.

While Clearwire’s $40 monthly fee for contract customers is
cheaper than the pay-as-you-go offer, the company is betting
that many consumers will prefer flexibility even if it comes at
a higher price.

It is selling two devices that support the new plans. The
Rover Puck will connect up to eight devices to the Internet at
the same time. It costs $149.99, plus tax, on Clearwire’s
Website and at Best Buy (BBY.N: ) stores.

The Rover Stick connects laptop computers and costs $99.99,
plus tax, Clearwire said.

Clearwire is building a fourth generation (4G) network
based on an emerging technology known as WiMax and has rolled
out that service in 49 U.S. markets so far.

Verizon Wireless, a Verizon (VZ.N: ) and Vodafone Group
(VOD.L: ) venture, is also building a 4G network.

Clearwire shares were down 15 cents, or 2.3 percent, at
$6.48 on Nasdaq in early afternoon.
(Reporting by Sinead Carew; editing by Gunna Dickson)

UPDATE 1-Clearwire unveils pay per day, week options