Clearwire Corp. launched Monday a new pay-as-you-go 4G mobile Internet service aimed at a young urban consumers in Chicago and 48 other markets.

Clearwire launched 4G service in Chicago late last year, offering broadband speeds that top those of 3G networks and allow for bandwidth-intensive activities such as streaming high-definition video. Sprint and Comcast also offer 4G products and services, which run on Clearwire’s network.

The new pay-as-you-go service is called Rover and will be branded separately from Clearwire’s other 4G offerings. Mike Sievert, Clearwire’s chief commercial officer, said in a conference call that Rover is geared toward city-dwelling youth between the ages of 18 and 24. Get the full story »