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China delays 3G licensing until after the Olympics

Talk about a delay -- China, which was expected to issue 3G licenses to its "top four" telecom operators, has now announced that the move will have to wait until they "come out of restructuring." As it currently stands, it will likely be after the 2008 Olympics before the licensing will ensue. Interestingly enough, information industry minister Wang Xudong has reportedly stated that "3G mobile phone services will be offered in the mainland in 2008 in time for the Beijing Olympics," but wouldn't that require issuance to take place before... beforehand? We'll keep you posted.

[Via monoNews, image courtesy of 3G]