Utilize the input text as a context reference, choose the right relationship between Jazztel and Orange from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

The deal is the fourth big telecoms deal in Spain in the last 18 months, after Vodafone bought Ono, Orange (Taiwan OTC: 4554.TWO - news ) snapped up Jazztel (Other OTC: JAZTF - news ) and Euskaltel (Madrid: EKT.MC - news ) last week agreed an offer for R Cable.

Answer: owned_by