--Telefonica is considering the sale of a stake in its Spanish fiber network in a deal which could value the unit around 15 billion euros ($17.40 billion), Bloomberg reports, citing unnamed sources.

--The company has spoken with potential advisors about possibly bringing in new investors to the unit, according Bloomberg.

--The deal will likely take the company until 2022 to negotiate, Bloomberg reports.

Full story: https://bloom.bg/3AgyyTC

Write to Cecilia Butini at cecilia.butini@wsj.com

(END) Dow Jones Newswires

10-06-21 0430ET