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Updated from 3:27 p.m. EDT
Cingular's plan to slash spending confirms an unwelcome trend for suppliers.
The integration of AT&T Wireless' network is nearly done, and with its 90-city expansion goal for 3G service called universal mobile telecommunications systems, or UMTS, in sight, Cingular is expected to cut spending by $1.5 billion, or 20%, next year, say Lehman Brothers' analysts in a note Thursday.
By Lehman's estimates, Cingular's 20% cut would represent about 5% of total wireless spending in the U.S. next year. ...
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