iTunes Radio Coming Soon?

So there are rumors going around about iTunes radio, which clearly does not exist yet. However, on AT&T's new website where they added a new international data plan for the iPhone, they use iTunes Radio as an example of how the plan is used. Strange, isn't it?

This is the quote from AT&T's website: "While using data on iPhone is free within the U.S., Puerto Rico, and the U.S. Virgin Islands, International data roaming can get expensive quickly. Consider that just 20 minutes of iTunes radio takes 20MB of data. That's why AT&T has created two iPhone International packages with more reasonable rates in 29 countries."

In the next upgrade to iTunes, which would be iTunes 7.5, I wonder if the iPhone or the iPod will double as satellite radio players. And I do know that there is a radio option in the desktop iTunes, but it's not called iTunes Radio - so I don't think that is what AT&T is talking about. I find this very interesting.

Has anyone else heard anything about this from Apple? If so, feel free to post a comment to let us know! Anything new in the satellite radio community to keep us on our toes - let's talk about it!