Quick take on Macquarie's AT&T downgrade: The loss of iPhone exclusivity has clearly hurt...

|By:, SA News Editor

Quick take on Macquarie's AT&T downgrade: The loss of iPhone exclusivity has clearly hurt the wireless division's ability to act as AT&T's growth driver. And with the wireline division remaining pressured by an irreversible decline in traditional phone connections at the hands of competing technologies, AT&T badly needs wireless to drive growth.