via Dr. Web...
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When launched, the Trojan tries to connect to a remote server and, if successful, it transmits the phone number of the compromised device to criminals and then waits for further SMS commands...
Activities of the Trojan can lower performance of the infected handset and affect the well-being of its owner, as access to the Internet and SMS are chargeable services. Should the device send messages to premium numbers, malicious activities will cost the user even more.
It is not quite clear yet how the Trojan spreads but most probably criminals employ social engineering tricks and disguise the malware as a legitimate application from Google. (more)