MegaFon is leading Russian integrated telecommunications operator that holds leading positions in the telecommunications market of Russia and the world. The company and its subsidiaries provide services in all regions of Russia, as well as in the Republic of Abkhazia, South Ossetia, and Tajikistan. At the end of 2016, the total subscriber base had more than 77.4 million people — more than half the country’s population. The company’s shares have been traded on the stock exchange in Moscow and London since 2012. In June 2014 the securities of MegaFon made it to the top quotation list of the Moscow Stock Exchange. MegaFon is one of the companies with the highest credit rating in the Russian telecommunications industry and in Russia overall. The main shareholders of the MegaFon are USM Holdings Limited Company Group (approximately 56.32%) and Gazprombank Group (about 18,79%). The remaining shares are held by the 100% subsidiary of the Company (3.92%); shares are in free circulation in the public market and account for approximately 20,97% of the total number of outstanding shares.