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Samsung is close to announcing a mini Galaxy S3. The device is already being tested by Telstra.The device that has been submitted for certification by Telstra has a 4-inch Super AMOLED Vs the 4.8″ which is slighly smaller than the current model Galaxy S3.  Other features include a 5MP camera Vs an 8MP camera. The processor is believed to be 1.2GHz dual core processor. 
 
The device is up to 15 grams lighter than the current model S3 with pricing set to be significantly cheaper than the larger S3.

Samsung Germany has already begun inviting press to an event on October 11 to launch the new device.

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