A public consultation period into plans to sell Jersey Telecom has begun.
The sale has been considered since the phone firm was partially privatised a few years ago.
The States - Telecom's largest shareholder - will discuss the possibility once the period of public consultation finishes on 8 September.
Officials have asked whether the States should retain control of Jersey Telecom when few telecommunications companies remain state-owned.
The 437 staff in Jersey and 37 workers in Guernsey have been told their jobs should be secure even if the company is sold.
If the sale goes ahead, the Jersey Competition Regulatory Authority will be tasked with making sure prices are fair and services maintained.