Is Amazon (NSDQ: AMZN) readying a launch of its MP3-based store in the United Kingdom?  Amazon executives have been visiting British label heads, and are planning a splash later this year, according to a recent Telegraph report. The report called for a launch by the fourth quarter, citing sources familiar with the plans.

The timetable comes as little surprise, especially given broader, international rollout plans.  The US-based Amazon MP3 initially launched in September of 2007, and eventually licensed MP3s from all four major labels.  That creates considerable momentum for an international expansion, though Amazon has yet to reveal sales figures on its US-based effort.

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