UPDATE 4-Motorola eyes $4.5 bln home/networks unit sale-sources

* Motorola eyeing potential $4.5 billion unit sale

* Company declines comment, says still plans mobile split

* Analysts say sale could hurt phone unit

* Motorola shares off 1.7 pct (Adds analyst comment, paragraphs 11-12)

NEW YORK, Nov 11 (Reuters) - Motorola Inc (MOT.N: Quote, Profile, Research) is in the early stages of looking into a potential sale of its $4.5 billion television set-top box and network equipment business, two sources said on Wednesday.

Motorola is in the early stages of seeking buyers for the unit, whose suitors include private equity firms and other communications equipment makers, said one source familiar with the situation.

Motorola may decide to keep the unit in the end, said the source, who was not authorized to speak with the media.

J.P. Morgan Chase & Co and Goldman Sachs Group Inc are advising Motorola on the possible sale, the source said.

J.P. Morgan and Goldman Sachs declined to comment.