TM - TELEFÓNICA MÓVILES, mobile telephone subsidiary of the Spanish TELEFÓNICA has signed an agreement of principal to acquire five Mexican operators controlled by PROTEL, the local subsidiary of the American MOTOROLA, for close to EUR 3 billion. The five subsidiaries in question (CEDECEL, BAJA CELULAR, MOVITEL, NORCEL and PORTATEL) have one million clients, enabling TM to count 20 million clients of which 10 million in Latin America.