In 1920, Western Union has implemented the world's first transmission of images over the ocean. In the early 60s Western Union has put into operation transcontinental microwave system of data transmission via radio waves, completely replacing the web of telegraph poles and wires. The Western Union Company is a leader in global payment services In 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network.
Western union sending money to Ukraine
The Western Union Company is a leader in global payment services In 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp. In the early 60s Western Union has put into operation transcontinental microwave system of data transmission via radio waves, completely replacing the web of telegraph poles and wires.
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In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online.