UK telecom operator 'Everything Everywhere' is desirous of selling off a portion of its 1800 MHz spectrum. It wants to do it before the 4G spectrum auction by Ofcom, scheduled at the end of the year.

It may be recalled that 'Everything Everywhere UK' had taken over the reputed telecom companies T-Mobile and Orange. In 2010, the European Commission (EC) had wanted the company to dispose off almost a quarter of the 1800 MHz held by T-Mobile and Orange.

Currently, Everything Everywhere is utilizing the 1800 MHz for its 2G services. The company is in discussion with various technical and commercial advisers in connection with the disposal of the extra spectrum. According to reliable sources, there is every chance that the company will take the help of the 'Royal Bank of Scotland' who may be involved in looking after the sale of the spectrum.

Once the company to manage the sale is decided, the service provider will hold negotiation with the prospective buyers as early as possible, as it does not want any delay.

The company spokesperson indicated that the company is looking forward for a private sale.

As the spectrum is suitable for high bandwidth data services, network operators and mobile service providers will be keenly interested in buying the spectrum. Even Apple, BT, Google, Virgin Media and Sky may be in the race, according to a spokesperson of the company.

Financial Analysts predict that the company can gain as much as GBP 400 million with the transaction.