Foreign relations of Portugal holds claim to the disputed territory of Olivença on the Portugal-Spain border. Foreign relations of Portugal Foreign relations of Portugal are linked with its historical role as a major player in the Age of Discovery and the holder of the now defunct Portuguese Empire.Portugal is a European Union member country and a founding member of NATO. It is a committed proponent of European integration and transatlantic relations. Augusto Santos Silva is the current Minister of Foreign Affairs of Portugal. Historically, the focus of Portuguese diplomacy has been to preserve its independence, "vis-à-vis", the danger of annexation by Spain, and the
Altice Portugal buy Portugal Telecom. In November 2007, Portugal Telecom spun off its media assets (PT Multimédia), that included TV Cabo and Lusomundo Cinemas. In January 2008, the European Commission began legal proceedings against the Portuguese government over its 'golden share' in incumbent telecoms operator Portugal Telecom. The 500 golden shares with extended voting rights, allowing it to block potential takeover bids, were the reason for the Commission's legal action. Similarly, in November 2005, the Commission had forced the Spanish government to give up its golden share in the other telecommunications' major player in the Iberian Peninsula, the Spanish telecoms giant Telefónica.