Remember when Joe Mallahan ran for mayor on the strength of being T-Mobile's "ideas man"? Well T-Mobile could really use a couple good ideas right about now. Because according to a post on 24/7 Wall Street, the Bellevue-headquartered company is at the top of a list of businesses that may be gone by this time next year.
That's because in the cut-throat race for your cell phone dollar, T-Mobile is running a distant fourth behind AT&T, Verizon and Sprint. And thus far it doesn't have a 4G network to compete against the big boys, which is kind of like trying to sell a car today that doesn't have manual steering.
24/7 sees the possibility of salvation coming in the form of a merger. But overall it says T-Mobile has "no future in the U.S." A bleak assessment that puts it in ignominous company with pre-internet also-rans like Reader's Digest and Blockbuster, which is itself being eaten alive by Redbox, owned by Bellevue-based Coinstar. (Ain't the circle of life grand?)
T-Mobile's implosion would, of course, mean bad news for the local economy. So it's not like I'm openly rooting for it to go under.
I am, however, interested to see what might happen in that alternate dimension. The one where Mallahan wins the mayoral election on the strength of his business smarts, only to see the place he used to work go out of business.