Can the French and Germans form an alliance? According to the chief executive of Deutsche Telecom( DT) unit T-Mobile, the answer is no.

T-Mobil's head, Kai-Uwe Ricke, said that the company was not in talks with French telecom

Bouygues

(BWG) - Get Report

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to develop a new generation mobile license in the land of runny cheeses. Ricke also said that T-Mobile could be listed after the issues surrounding its buyout of

VoiceStream Wireless

(VSTR)

have been tied up.

Deutsche Telecom's shares were recently unchanged at $36.81 and Bouygues' shares were down 75 cents at $27.75.