One of the owners of Everything Everywhere (EE) - France Telecom - has dismissed rumours that the telecoms firm is set to be sold.
Stephane Richard, Chief Executive Officer at the firm, said the service provider is happy with its joint venture with German firm Deutsche Telekom.
The two European giants - owners of the respective Orange and T-Mobile brands - merged their UK operations in 2010 to form EE.
Earlier this week, the Sunday Times reported that former EE Chief Executive Tom Alexander was fronting an £8 billion bid for the mobile broadband giant.
But Mr Richard said neither France Telecom nor Deutsche Telekom is looking to sell up.
"The Germans are also happy to be there, they do not wish to sell. We do not wish to sell either," he stated.
"If we receive an offer that makes sense, of course we will look at it. But that does not mean we will accept it."