Orange Wins Conditional Approval From EU for Jazztel Deal

Orange SA’s bid for Spanish broadband provider Jazztel Plc won European Union approval after the French telecommunications carrier made concessions that paved the way for a fourth national operator in Spain.

The remedies ensure a new operator “can enter the Spanish market and be able to compete effectively in markets involving fixed Internet access services,” the European Commission said in an e-mailed statement Tuesday. “They address in full the competition concerns raised by the merger.”