Download Print Version

Total Page:16

File Type:pdf, Size:1020Kb

Download Print Version About this Report Contents Preliminarily approved by the Board of Directors Chairman’s Statement 02 of PJSC MegaFon on 24 May MegaFon 2019. Chief Executive’s Review 05 is a pan-Russian provider of digital This Annual Report presents 1. About MegaFon 10 data from 1 January through Performance Highlights 16 opportunities and a leader in the Russian 31 December 2018. Creating a Digital Future 18 and global telecommunications market This Annual Report has been Assets and Resources 28 prepared in accordance with the Global Reporting Geography 32 Initiative (GRI) Guidelines Key Events 34 for reporting on sustainable development. 2. Strategic Report 38 Market Overview 40 Digital Strategy in Action 54 For more information see Appendix: Material Topics and Materiality Matrix. Business Model 62 In this Report ‘MegaFon’ Operational Results 66 or the ‘Company’ refer to PJSC MegaFon Financial Performance 122 Mission Vision and its controlled entities, PJSC ‘MegaFon’ refers Risk Management 128 to Public Joint-Stock Company Sustainability 138 Providing opportunities Becoming a digital market ‘MegaFon’. leader and first-choice 3. Corporate Governance 168 data provider by building Immaterial discrepancies in totals strong relationships with and subtotals in the charts Corporate Governance Framework 170 and tables of the Annual Report Governing Bodies 174 individuals and businesses are due to rounding. while offering top-of-the- Control over Financial and Business Operations 196 line digital products and External Audit 198 Information Disclosure 199 services Protecting the Confidentiality of Insider Information 199 4. Securities 200 Shareholders’ Equity 202 Presence on Stock Exchanges 204 Dividends 206 Bonds 207 Credit Ratings 209 Investor Relations 210 Information Disclosure 211 5. Financial Statements 212 Read Online Report at: For more information please visit: and Appendix ar2018.megafon.ru corp.megafon.com 2 Statements Chairman’s Statement 3 How was 2018 for the Russian of Big Data and developing our service network Chairman’s telecommunications industry? to meet the needs of each user, thereby making them happier. In 2018, the growth of the Russian telecoms market hit a five-year high. To a large extent, The next priority is ‘Fastest Service Provider’. Statement this is the result of efforts made by leading We are working hard to quickly and efficiently operators to stabilise the market – helping to curb transform internal processes by launching initiatives excessive price competition, abandoning unlimited to accelerate the review process for proposals plans, and placing a much stronger emphasis for technology innovation and switching to what we on developing service quality. However, we did see refer to as ‘agile’ methods of working, among other a return of price competition in late 2018, in certain changes. segments, and new ‘unlimited plans’ re-entering the market. Finally, the third priority is ‘Government and Industry Digitalisation’. We are continuing How would you summarise MegaFon’s to build our in-house competencies and develop 2018 results? innovative products that can be used to digitalise various sectors of the economy. MegaFon delivered a strong set of results in 2018 as the Company’s digital leadership strategy How is MegaFon contributing generated service revenue growth which outstripped to building a digital economy in Russia? market growth overall. What are the key achievements 2018 was a year in this area? Overall, it has been a significant year for MegaFon, of transformation marked by several milestones and achievements. We Our ambition is to become a key partner and achievement established key strategic agreements with leaders for the Government in this area. Currently, in other industries for the development of ambitious MegaFon is contributing towards the preparation for MegaFon. We ended joint projects in digital ecosystems, mobile retail, and running of ANO Digital Economy programmes the year with strong financial e-commerce, and m commerce; we launched new that have been approved by the President of Russia. products for individual consumers and businesses; and operating results, and continued to improve our network quality As noted previously, we are progressing and reliability, while expanding our 4G coverage. the development of Digital Region Management demonstrating that our Furthermore, we began trials of 5G networks and Smart City, new solutions which will manage digital leadership strategy through a series of pilot projects, and strengthened urban infrastructure, security, and transport. our cooperation with the Government in building MegaFon is well-positioned to deliver these adopted in 2017 has placed a digital economy, including the signing of key projects owing to our extensive in-house expertise partnership agreements with Russian regional in expanding communications networks, MegaFon on a positive authorities for the deployment of solutions, such deploying M2M/IoT, and other related capabilities. trajectory, as the Company as Digital Region Management and Smart City. MegaFon is also making a significant contribution to the development and testing of 5G networks moves away from the more What is the latest update on MegaFon’s and their future applications, which are key traditional approach strategy? Were any modifications to building a digital economy. made in 2018? to telecommunications MegaFon’s Board of Directors went MegaFon continues to pursue its ‘2017–2020 through a number of changes in 2018, to pursue new digital Driving the Digital World’ strategy, aimed including its complete renewal opportunities. The Company at transforming the Company from a traditional at the start of the year. What was telecoms operator to a provider of digital the reason? remains committed to its aim opportunities. Our strategic goal is to be a leader in the digital economy by 2020. To achieve this, As a result of Gazprombank’s acquisition of a 19% of positioning itself as a pan- we are offering high-quality products and services stake in MegaFon from Telia Company in late Russian provider of digital to our customers, we are becoming an effective 2017, the Bank was permitted to nominate two partner for the Government, the business representatives for appointment to the Board. opportunities and one community and society as a whole, and we are Additionally, the controlling shareholder wished seek to introduce the latest digital technologies to refresh the Board by appointing several of the industry leaders, into everyday life. USM Group candidates who were very familiar both in Russia and globally. with MegaFon’s business and could build In 2018, we added three new priorities a management team that would effectively execute to our strategy. The first of these priorities our strategy. The Company remains committed is called ‘Happiest Customer’, whereby we intend to its policy of having independent directors to tailor our digital products and services to each on the Board, with Jarkko Armas Veijalainen subscriber’s individual needs through the use and Harri Eerik Koponen taking these positions on the new Board. 4 Statements Chief Executive’s Review 5 At the end of 2018, we invited Anna Serebryanikova, Following the completion of this mandatory MegaFon’s Chief Operating Officer and a Member tender offer in March 2019, MegaFon’s free float Chief Executive’s of the Management Board, to join the Board is around 0.8%. of Directors. Anna has extensive industry experience and expertise which makes her well-placed The buyback opportunity was offered review to contribute to the Company’s development to shareholders at a substantial premium and engagement with the Government in building to the trading prices that prevailed prior a digital economy. to the announcement of the buyback, resulting in a successful buyback and enabling minority Furthermore, Gevork Vermishyan was appointed holders to make profitable exits. as MegaFon CEO in 2018. He previously served as our Executive Director and has worked Despite the fact that we are now effectively with the Company for over 7 years. Gevork brings a private company following our delisting and share a proactive nature and a fresh perspective which, repurchases, we intend to endeavour to comply combined with his contemporary management with best practices in both corporate governance methods and in-depth knowledge of trends and disclosure. in the transformation and digitisation of core business processes in the telecommunications What is to be expected from 2019? industry, will, I am certain, be just right In 2018, we continued for the achievement of our strategic objectives. Despite increased levels of competition, I am hugely positive about the outlook to deliver on our strategy, Why did MegaFon decide to delist for the telecommunications sector and its Driving the Digital World, from the London Stock Exchange? technological development. In 2018, we witnessed Please describe the procedure and give the arrival of the digital future as the world’s first while improving our customer us your opinion on the results? commercial 5G networks were launched in the USA and the Republic of Korea. In 2019, we expect experience. We made progress Following the announcement of MegaFon’s 5G networks to be launched across a further towards achieving our key goal – new strategy, remaining a public company 16 nations1 and expect to see the rapid development is no longer a strategic priority for the Company. of the Internet of Things, video content, AR, VR, to become a digital market Delisting means
Recommended publications
  • INVEST in RUSSIA the Right Place to Invest the Business Possibiliɵ Es in Russia Are Enormous
    SPECIAL ISSUE SEPTEMBER 2013 INVEST IN RUSSIA The Right Place to Invest The business possibiliƟ es in Russia are enormous. There are almost no limits in view Content EXPERT. SPECIALEXPERT. ISSUE LEGION-MEDIA IN THE MOST-FAVORED REGIME 4consequently, the consumer segment, IT sector, and At the forthcoming economic forum in Sochi, the the mining and metals complexes have benefited Krasnodar Territory will present 1,800 different most from this situation. “Gazelles”, which were investment projects to investors able to ride the wave of this opportune economic phase, can be distinguished by a gradual increase IMPLEMENTING THE BRAZILIAN SYSTEM 10 in their workload Fifteen of the forty-three investment projects an- nounced or launched from February to April, 2013 TEN THOUSAND ROUNDS OF AMMUNITION 42 in Russia are part of the machine-building complex. When companies know how to manage their costs, Import substitution and elements of an active state business grows very fast. However, in order to run a industrial policy have contributed to increasing in- business, you need to constantly structure, modern- vestment activity in this sector ize, plan, motivate and take many different factors into account A TERRITORY WITH UNIQUE OPPORTUNITIES 18 DYNAMICALLY GROWING COMPANIES The Khanty-Mansi Autonomous District has virtually IN THE MIDDLE-SIZED BUSINESS SECTOR unlimited opportunities for investors. This is con- (“GAZELLES”), 2007-2011 46 nected not only with the fact that there is a lot of oil, money and progressive investment legislation in AN IMPORTANT
    [Show full text]
  • Geohack - Boroo Gold Mine
    GeoHack - Boroo Gold Mine DMS 48° 44′ 45″ N, 106° 10′ 10″ E Decim al 48.745833, 106.169444 Geo URI geo:48.745833,106.169444 UTM 48U 585970 5399862 More formats... Type landmark Region MN Article Boroo Gold Mine (edit | report inaccu racies) Contents: Global services · Local services · Photos · Wikipedia articles · Other Popular: Bing Maps Google Maps Google Earth OpenStreetMap Global/Trans-national services Wikimedia maps Service Map Satellite More JavaScript disabled or out of map range. ACME Mapper Map Satellite Topo, Terrain, Mapnik Apple Maps (Apple devices Map Satellite only) Bing Maps Map Aerial Bird's Eye Blue Marble Satellite Night Lights Navigator Copernix Map Satellite Fourmilab Satellite GeaBios Satellite GeoNames Satellite Text (XML) Google Earthnote Open w/ meta data Terrain, Street View, Earth Map Satellite Google Maps Timelapse GPS Visualizer Map Satellite Topo, Drawing Utility HERE Map Satellite Terrain MapQuest Map Satellite NASA World Open Wind more maps, Nominatim OpenStreetMap Map (reverse geocoding), OpenStreetBrowser Sentinel-2 Open maps.vlasenko.net Old Soviet Map Waze Map Editor, App: Open, Navigate Wikimapia Map Satellite + old places WikiMiniAtlas Map Yandex.Maps Map Satellite Zoom Earth Satellite Photos Service Aspect WikiMap (+Wikipedia), osm-gadget-leaflet Commons map (+Wikipedia) Flickr Map, Listing Loc.alize.us Map VirtualGlobetrotting Listing See all regions Wikipedia articles Aspect Link Prepared by Wikidata items — Article on specific latitude/longitude Latitude 48° N and Longitude 106° E — Articles on
    [Show full text]
  • ZONE COUNTRIES OPERATOR TADIG CODE Calls
    Calls made abroad SMS sent abroad Calls To Belgium SMS TADIG To zones SMS to SMS to SMS to ZONE COUNTRIES OPERATOR received Local and Europe received CODE 2,3 and 4 Belgium EUR ROW abroad (= zone1) abroad 3 AFGHANISTAN AFGHAN WIRELESS COMMUNICATION COMPANY 'AWCC' AFGAW 0,91 0,99 2,27 2,89 0,00 0,41 0,62 0,62 3 AFGHANISTAN AREEBA MTN AFGAR 0,91 0,99 2,27 2,89 0,00 0,41 0,62 0,62 3 AFGHANISTAN TDCA AFGTD 0,91 0,99 2,27 2,89 0,00 0,41 0,62 0,62 3 AFGHANISTAN ETISALAT AFGHANISTAN AFGEA 0,91 0,99 2,27 2,89 0,00 0,41 0,62 0,62 1 ALANDS ISLANDS (FINLAND) ALANDS MOBILTELEFON AB FINAM 0,08 0,29 0,29 2,07 0,00 0,09 0,09 0,54 2 ALBANIA AMC (ALBANIAN MOBILE COMMUNICATIONS) ALBAM 0,74 0,91 1,65 2,27 0,00 0,41 0,62 0,62 2 ALBANIA VODAFONE ALBVF 0,74 0,91 1,65 2,27 0,00 0,41 0,62 0,62 2 ALBANIA EAGLE MOBILE SH.A ALBEM 0,74 0,91 1,65 2,27 0,00 0,41 0,62 0,62 2 ALGERIA DJEZZY (ORASCOM) DZAOT 0,74 0,91 1,65 2,27 0,00 0,41 0,62 0,62 2 ALGERIA ATM (MOBILIS) (EX-PTT Algeria) DZAA1 0,74 0,91 1,65 2,27 0,00 0,41 0,62 0,62 2 ALGERIA WATANIYA TELECOM ALGERIE S.P.A.
    [Show full text]
  • Annual Report 2012 Annual Report
    Annual Report 2012 Annual Report Annual Report www.AR2012.megafon.ru/en Chief Executive Officer I.V. Tavrin (signature) Chief Accountant L.N. Strelkina (signature) Annual Report 2012 CONTENTS MEGAFON MegaFon’s business model and key 2012 results 4 Finanсial and operational highlights for 2012 2012 marked a new 8 Our business page in MegaFon’s history STRATEGY Management’s overview of the results p. 14 and vision for growth 14 Letter of the Chairman of the Board LETTER 18 Letter of the CEO OF THE CHAIRMAN 22 Strategy OF THE BOARD 24 The Russian market in 2012 РERFORMANCE MegaFon’s operating and financial results 30 Review of operations 48 Finanсial review GOVERNANCE Free cash flow reached RUB 70.8 billion Corporate governance and risk management systems 52 Risk management p. 48 56 Corporate governance 69 Shareholder’s equity FINANCIAL REVIEW SUSTAINABILITY Our mission is Responsibility to employees to bring Russia and community together through 74 Sustainable development communication technology APPENDICES 82 Management responsibility statement 82 US GAAP Consolidated Financial Statements p. 74 128 Appendices SUSTAINABLE 160 Contacts DEVELOPMENT generated at BeQRious.com This Annual Report focuses principally on our operations in the Russian Federation. While we have operating subsidiaries in the For more information Republics of Tajikistan (TT mobile), Abkhazia (AQUafon-GSM) about MegaFon, see and South Ossetia (OSTELEKOM), they generate only 1% of the company website. our total consolidated revenues. Unless otherwise specifically The report is also indicated, this Annual Report provides consolidated financial and available online operational data www.AR2012.megafon.ru/en Approved Annual General Shareholders Meeting OJSC “MegaFon” Minutes dated 28.06.2013 Preliminarily Approved Board of Directors OJSC “MegaFon” Minutes № 192 (256) dated 14.05.2013 NATIONWIDE 4G AGREEMENT WITH NEW CAPEX LICENCE YOTA ON 4G NETWORK FRAMEWORK P.
    [Show full text]
  • 2G 3G 4G 5G > 181,400
    Annual report 2019 Operational Results Infrastructure Network expansion MegaFon is the unrivalled leader in Russia 1 by number of base stations, with We are committed to maximising the speed and reliability of communications services for our subscribers, and are continuously investing in infrastructure and innovative technology. > 181,400 stations 2G 3G 4G 5G 1990s 2000s 2010s 2016–2019 Voice and SMS Mobile data and high- Mobile broadband and full- Ultrafast mobile internet, quality voice services scale IP network full-scale support of IoT ecosystems, and ultra-reliability MegaFon was the first in Russia to • provide 2G services in all • roll out a full-scale • launch the first 4G • demonstrate a record Russian regions commercial 3G network network (2012); connection speed • launch a commercial of 2.46 Gbit/s VoLTE network (2016); on a smartphone • demonstrate a data on a 5G network (2019); rate in excess of 1 Gbit/s • launch a 5G on a commercial lab – in collaboration smartphone (2018) with Saint Petersburg State University’s Graduate School of Management (2019) 1 According to Roscomnadzor as of 19 March 2020. 48 About MegaFon 14–35 Strategic report 36–81 Sustainability 82–109 Corporate governance, securities, and risk management 110–147 Financial statements and appendix 148–226 MegaFon’s base stations, ‘000 4G/LTE coverage, % 2019 70.0 50.7 60.7 181.4 2019 82 2018 70.5 49.4 49.6 169.5 2018 79 2017 69.1 48.0 40.6 157.7 2017 74 2G 3G 4G/LTE MegaFon’s strong portfolio of unique high-speed data 4G/LTE networks spectrum assets is an important competitive advantage.
    [Show full text]
  • Telenor 15 Years in Russia
    Telenor 15 years in Russia Telenor ASA, the Norwegian Telecommunications group, is happy to announce the start of celebrations of its 15th anniversary on the Russian market. Telenor first invested into the Russian market by establishing modern and digital fixed line connections to Murmansk and the Kola Peninsula in Russia's north. In St. Petersburg, Telenor was an owner from 1994 of North-West GSM, a company that later became MegaFon. Two other acquisitions, in Stavropol and Kaliningrad, were later consolidated into VimpelCom, following Telenor's first investment in that company in 1998. In 2003, Telenor merged the earlier acquired Comincom into the integrated services provider Golden Telecom. Today, Telenor holds 29.9% of the voting shares in VimpelCom and 18.4% of the shares in Golden Telecom. During its 15 years in Russia, Telenor has seen its asset value rise to over $10 billion, thus becoming the largest investor into the Russian telecoms. The Norwegian Minister of Trade and Industry Dag Terje Andersen, who is currently in Moscow to celebrate Telenor Russia's anniversary, said: "Telenor has been a long-term investor in Russia - both during periods of prosperity and periods of periods recession. Telenor has contributed with capital, knowledge, technology and value creation in the Russian telecom sector." He added: "I want to wish Telenor success in Russia in the future and congratulate it with its 15th anniversary in Russia." Telenor's CEO and President Jon Fredrik Baksaas, also in Moscow for the anniversary, added: "This is a great day for our business in Russia. And this is part of a long-term industrial relationship.
    [Show full text]
  • Online Money Transfer Terms and Conditions Mobile Application
    ONLINE MONEY TRANSFER SERVICES – TERMS AND CONDITIONS FOR CARD-TO-CASH & CARD-TO-CARD TRANSACTIONS Latest Version issued on: 21st of July 2021 The use of the KORONAPAY EUROPE Mobile Application, is governed by the present Terms and Conditions. Carefully read and understand Our Terms and Conditions before You accept them. By downloading the App and making use of the Services provided on it, you declare being aware of the present Terms and Conditions and having accepted them. 1. These Terms and Conditions 1.1 These Terms and Conditions apply to Your access and govern the use of the Services available in the KORONAPAY EUROPE Mobile Application and the KORONAPAY EUROPE Website Page and constitute a contractual offer between KORONAPAY EUROPE (hereafter referred as “Us/Our/We”) and the User or Sender (hereafter referred as “You/Yours/User”). 1.2 These Terms and Conditions tell You who We are, how We will provide the Services to You, how these Terms and Conditions may be changed or terminated and also provide information on the scope of our obligations to You, as well as limitations and exemptions from our liability to You for damage that You may suffer as a result of using Our Services. 1.3 You accept these Terms and Conditions and You hereby declare and expressly recognize that You have carefully read, understood and explicitly agreed with the content of all the Terms and Conditions version applicable on the day of acceptance by completing the information required to make a money transfer and pressing the ‘Send’ button on the App or the Website confirming acceptance of these Terms and Conditions and of Our Privacy Policy Your acceptance of these Terms and Conditions and the version of these Terms and Conditions thus accepted by You are kept and archived by Us in our computer systems in a tamper proof, safe and reliable manner.
    [Show full text]
  • Teliasonera Acquisition of MCT Corp. Coscom in Uzbekistan Indigo and Somoncom in Tajikistan Roshan in Afghanistan Strategic Acquisition Rationale
    TeliaSonera Acquisition of MCT Corp. Coscom in Uzbekistan Indigo and Somoncom in Tajikistan Roshan in Afghanistan Strategic Acquisition Rationale • TeliaSonera will be the leading operator in Central Asian markets – Now: Uzbekistan, Tajikistan and Afghanistan – Existing via Fintur: Kazakhstan, Azerbaijan , Georgia and Moldova – Existing direct & unconsolidated: Turkey (incl. Ukraine indirectly) and Russia (incl. Tajikistan indirectly) • Attractive Growth Opportunity in terms of Addressable TeliaSonera MCT Market (Scandinavia, Baltics) – 10%-20% mobile penetration Fintur Turkcell – Less than 10% Fixed Line Penetration à wireless is attractive Megafon Yoigo • Natural Addition to TeliaSonera’s Eurasian Footprint – Uzbekistan, Tajikistan and Afghanistan complement current map in Central Asia – Significant economic/cultural ties between Kazakhstan, Azerbaijan, Tajikistan and Uzbekistan • Company and Shareholders Honoring International Business Practices – Company’s operations developed by international practices: audited, subject to US rules Acquisition Cost TeliaSonera Acquisition of 100% of MCT Corp for a 100% enterprise value of approximately SEK 2.0 Sonera billion (USD 300 million) holding interest in Holding BV four Eurasian mobile operators: 100% • 99.97% interest in Uzbek-American Joint Venture “Coscom” LLC (Coscom) in MCT Corp. Uzbekistan Delaware Corporation • 60% interest in CJSC “Indigo- Tajikistan” (Indigo-Tajikistan) in Tajikistan and Venture Holdings Local Ventures • 59.4% in CJSC Joint Venture Management and MCT Dev. Corp. “Somoncom”
    [Show full text]
  • COVID-19 in Eurasia April 2021 (PDF)
    COVID-19 IN EURASIA PONARS EURASIA POLICY PERSPECTIVES APRIL 2021 PONARS Eurasia is an international network of scholars advancing new approaches to research on security, politics, economics, and society in Russia and Eurasia. PONARS Eurasia is based at the Institute for European, Russian and Eurasian Studies (IERES) at the George Washington University’s Elliott School of International Affairs. This publication was made possible in part by a grant from Carnegie Corporation of New York. The statements made and views expressed are solely the responsibility of the authors. Program Directors: Henry E. Hale and Marlene Laruelle Editors: Margaret Evered, Madeline McCann, and Alexander Schmemann PONARS Eurasia Institute for European, Russian and Eurasian Studies (IERES) Elliott School of International Affairs The George Washington University 1957 E Street NW, Suite 412 Washington, DC 20052 Tel: (202) 994-6340 www.ponarseurasia.org © PONARS Eurasia 2021. All rights reserved. Table of Contents Part I. Facing the Unknown: Post-Soviet Responses to COVID-19 Post-Soviet State Responses to COVID-19 Making or Breaking Authoritarianism?.........................3 Marlene Laruelle and Madeline McCann The Russian Power Vertical and the COVID-19 Challenge: The Trajectories of Regional Responses.....................................................................................................................................................9 Regina Smyth, Gulnaz Sharafutdinova, Timothy Model, and Aiden Klein Ukraine Rides High While COVID-19 Lays Low: But
    [Show full text]
  • Country Code City Code Country Name Rate Per Min 93 Afghanistan 1.575 93 7 Afghanistan-Mobile 1.2411 93 75 Afghanistan-Mobile AT
    FirstLight Fiber International Calling Rates - effective April 1, 2017 *Rates are applicable to customers with standard rating voice products & services. Country Code City Code Country Name Rate per min 93 Afghanistan 1.575 93 7 Afghanistan-Mobile 1.2411 93 75 Afghanistan-Mobile AT 0.875 93 70 Afghanistan-Mobile AWCC 1.1634 93 78 Afghanistan-Mobile Etalis 1.12 93 77 Afghanistan-Mobile MTN 0.6496 93 79 Afghanistan-Mobile Roshan 1.1816 355 Albania 0.56 355 68 Albania-Mobile AMC 1.68 355 67 Albania-Mobile Eagle 1.7304 355 66 Albania-Mobile Plus 1.9243 355 69 Albania-Mobile Vodafone 1.47 355 4249 Albania-NGN 1.085 355 4250 Albania-NGN 1.085 355 4251 Albania-NGN 1.085 355 4252 Albania-NGN 1.085 355 422 Albania-Tirana 0.3864 355 423 Albania-Tirana 0.3864 355 424 Albania-Tirana 0.3864 213 Algeria 0.196 213 21 Algeria-Algiers 0.182 213 1 Algeria-CAT 0.196 213 6 Algeria-Mobile AMN 0.924 213 7 Algeria-Mobile Orascom 1.0251 213 5 Algeria-Mobile Wataniya 1.3629 1 684 American Samoa 0.1046 1 6842 American Samoa-Mobile 0.1046 376 Andorra 0.0654 376 3 Andorra-Mobile 0.5558 376 4 Andorra-Mobile 0.5558 376 6 Andorra-Mobile 0.5558 244 Angola 0.2859 244 9 Angola-Mobile 0.2891 1 264 Anguilla 0.3325 1 264235 Anguilla-Mobile CW 1.0955 Updated: April 2017 Page 1 of 236 1 264469 Anguilla-Mobile CW 1.0955 1 264476 Anguilla-Mobile CW 1.0955 1 264729 Anguilla-Mobile CW 1.0955 1 264772 Anguilla-Mobile CW 1.0955 1 26458 Anguilla-Mobile Digicel 1.225 1 264536 Anguilla-Mobile Weblinks 1.225 1 264537 Anguilla-Mobile Weblinks 1.225 1 264538 Anguilla-Mobile Weblinks 1.225
    [Show full text]
  • Compilation of Typological Studies Conducted in 2017
    TYPOLOGICAL STUDIES OF THE STATE FINANCIAL MONITORING SERVICE OF UKRAINE 2017 The State Financial Monitoring Service of Ukraine State Financial Monitoring Service of Ukraine State Institution of Post-Graduate Education “Academy of Financial Monitoring” TYPOLOGICAL STUDIES OF THE STATE FINANCIAL MONITORING SERVICE OF UKRAINE 2017 Kyiv 2018 Recommended by the Inter-branch Scientific and Methodical Council of the State Institution of Post- Graduate Education “Academy of Financial Monitoring” (Protocol of 29.01.2018 № 1) Publication and translation into English was made with the assistance of the European Union Anti- Corruption Initiative (EUACI) Typological Stydies of the State Financial Service of Ukraine for 2017– K., 2018. – 148 p. The publication deals with the most common trends and shemes of money laundering and terrorist financing in 2017. In particular, examples of real cases of money laundering and terrorist financing associated with the risks of cash use and the risks of terrorism and separatism are given. Typological studies include information on the results of the work of state authorities – participants of the national financial monitoring system. The publication is designed for employees of reporting entities and state financial monitoring entities, law enforcement, intelligence and judicial authorities, as well as scientists and practitioners in the area of financial monitoring. TYPOLOGICAL STUDIES OF THE STATE FINANCIAL MONITORING SERVICE OF UKRAINE CONTENTS Foreword of the Head of the State Financial Monitoring Service of Ukraine Mr. Igor Cherkaskyi . 8 PART I. RISKS OF CASH USE . .11 INTRODUCTION TO THE FIRST PART . .12 SECTION І. USE OF CASH IN UKRAINIAN ECONOMY. GENERAL OVERVIEW . 17 1.1. Overview of cash market trends in Ukrainian economy .
    [Show full text]
  • Download the Paper (PDF)
    WWW.VIRUSBULLETIN.COM/CONFERENCE 2019 LONDON 2 – 4 October 2019 GEOST BOTNET. THE STORY OF THE DISCOVERY OF A NEW ANDROID BANKING TROJAN FROM AN OPSEC ERROR Sebastian García Stratosphere Laboratory and Czech Technical University in Prague, Czech Republic Maria Jose Erquiaga Stratosphere Laboratory and UNCUYO University, Argentina Anna Shirokova Avast Software, Czech Republic [email protected]; [email protected]; [email protected] ABSTRACT Maintaining a good operational security (OpSec) is diffi cult because it increases the cost of work and decreases the speed of actions. This is true both for security analysts and for attackers. This paper describes a new botnet, which we called Geost, discovered thanks to multiple OpSec mistakes made by the attackers. The mistakes included: the use of the HtBot malware’s illegal proxy network; failing to encrypt the command-and-control servers; re-using security services; trusting other attackers that practise even less operational security; and failing to encrypt chat sessions. As far as we know, the Geost botnet has hundreds of malicious domains, 13 C&C servers, approximately 800,000 victims in Russia, and potential access to several million Euros in bank accounts. Moreover, the operational security mistakes led to the discovery of the names of members of an underground group related to the Geost botmasters. It is seldom possible to gain such an insight into the decisions taken by attackers due to failures in their operational security. This paper summarizes the mistakes and the risks taken by the botmasters, provides an overview of the botnet operation, an analysis of the victims, and a study of the social relationships of the developers.
    [Show full text]