Clearwire Confirms Pay-As-You-Go Plans
It's confirmed! Clearwire LLC (Nasdaq: CLWR) is going to announce that it will go after more pay-as-you-go customers with a new service to be announced this coming Monday.
The Kirkland, Wash.-based WiMax provider had been a tease about its new service, merely saying that it would reveal more about the plans on Monday. The operator, however, briefly described the service in a filing with the Securities and Exchange Commission (SEC) Thursday.
"On Monday, August 30, 2010 at 11:30AM EDT the registrant will host a webcast for media and industry analysts to unveil its plans to serve a new pay as you go customer segment," Clearwire wrote in the filing.
The company had been widely expected to unveil a new pay-as-you-go service, based on a pocket-sized personal networking device that it is currently getting a trademark for. The tiny round "Rover Puck" will link a number of WiFi-enabled devices to a WiMax signal. [Ed. note: I guess the "hot pocket" name was already taken.] (See Clearwire's Cryptic Customer Tease.)
The size and design of the device suggests that it could be used for portable connectivity on the move. This means that it could be used to link more than just laptops to WiMax, but other smaller devices such as iPads, games consoles, and media players as well.
— Dan Jones, Site Editor, Light Reading Mobile