Refer to the input text as context and select the correct relationship between 'Jazztel' and 'Orange' from the available options.
Options: original broadcaster, position held, subsidiary, owned by

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.
owned by