China Telecom, mainland China’s third-largest carrier, is preparing to launch the iPhone 4S—perhaps as soon as February, according to a new report. Citing a news release from China Telecom subsidiary Beijing Telecom, China Daily reports that a version of the iPhone 4S compatible with the company’s CDMA network is likely to hit the market by the end of February or beginning of March. “China Telecom has already started preparatory…