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China starts to look into that whole 3G licensing thing

It's a damn shame they had to be all reactionary about it instead of getting the ball rolling on this years ago, but China is just now expected to start awarding 3G licenses to carriers who'd like to save their subscribers from the horror of the General Packet Radio Service. The nation's regulators are apparently being spurred to action by the flagging economy, hoping to give the wireless industry a swift kick in the pants by sending a few massive next-gen build-outs into action. The government is hoping for an investment on the order of $29 billion to get things underway, but screw the shot in the economic arm -- we just want us some high-speed data.