Nov 10 (Reuters) - British telecom and cloud services

provider SCG is exploring a sale at a valuation of as much as

800 million pounds ($1.07 billion), Bloomberg News reported on

Monday, citing people with knowledge of the matter.

The Bastingstoke, UK-based company is working with

investment bank Houlihan Lokey ( HLI ) to solicit interest from

potential buyers, and information about the sale could be sent

to potential bidders later this week, the report said.

Houlihan Lokey ( HLI ) declined to comment. SCG was not immediately

reachable for a comment.

Deliberations for the sale are at an early stage and the

company's owners could decide to not pursue a sale, the report

said.

Founded in 1965, SCG provides small- and medium-sized

businesses across the UK with fixed-line, data, mobile and

cloud-based unified communication services.

($1 = 0.7451 pounds)