"Chris Blunt" <mail@nospam.com> wrote in message
news:rt0j55lgmgqd2c2d2al8ras57h1bevof9k@4ax.com...
> On Sat, 11 Jul 2009 22:14:08 +0100, rousseau <invalid@invalid.invalid>
> wrote:
>
> >Chris Blunt wrote:
> >
> >> On Sat, 11 Jul 2009 19:14:09 +0100, "Andy Pandy"
> >> <spam8times@wonderful.spam.invalid> wrote:
> >>
> >>>
> >>>"Chris Blunt" <mail@nospam.com> wrote in message
> >>>news:jijj45dr4gc1h38710jtsk781b93jb0k87@4ax.com ...
> >>>> On Tue, 30 Jun 2009 08:27:02 +0100, rousseau
<invalid@invalid.invalid>
> >>>> wrote:
> >>>>
> >>>> >Early days, I know, but if the mooted takeover of T-Mobile UK by
> >>>> >Vodafone goes ahead, would I have grounds for cancelling my contract
> >>>> >without penalties?
> >>>>
> >>>> On what basis? A change in ownership of T-Mobile would not affect the
> >>>> validity of any existing agreements that the company had entered
into.
> >>>
> >>>Does this work the other way round too? Can I take out a contract and
then
> >>>transfer ownership of that contract to my mate who has an appalling
credit
> >>>history?
> >>
> >> Your contract is not being transferred to another company. Your
> >> agreement was, and still is with T-Mobile. The only thing that might
> >> be changing is the ownership of T-Mobile.
> >
> >And one of the deciding factors when I take out a contract (i.e. buying
> >anything) is the ownership of that company. If it changes hands to
someone
> >else I don't see why I should be obliged to continue that relationship if
I
> >don't like the new owners.
>
> You are legally obliged to continue the relationship because you
> signed a binding contract with the company. If you wanted the right to
> cancel a contract if ownership of the company changed then you should
> have made sure that a clause to that effect was included in your
> contract.
>
> Ownership of any publicly listed company changes on a daily basic as
> various people buy and sell shares in them. How could any company
> possibly continue to function if every agreement they had entered into
> was subject to cancellation every time someone bought or sold their
> shares?

OK, so what if Vodafone decide to take over all contracts and close down
T-Mobile, like TalkTalk have done with several telcos like Tele2 and OneTel.

Presumably then he is not binded by a contract he signed with T-Mobile.

--
Andy