From TechCrunchUK: Europe’s Blyk, the much anticipated and much delayed advertising supported mobile service, may be gearing up for launch very soon. They’ve scheduled a press conference for September 24. The service has also recently said they are “on track for launch.”

The service will be free for users and targeted to 16-24 year olds. Presumably that age group will be more receptive to receiving an endless stream of advertising in exchange for free mobile minutes and texting.

Mosh Mobile is theoretically a U.S. equivalent to the service, but none of the carriers I’ve spoken to have ever heard of them, and they don’t appear to be funded. My guess is it’s more of a pipe dream than anything.

Look for iPhone UK news next week as well.