Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. 1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. Each money transfer is protected with control number, that allows you to track and to ensure prompt payment of money specified by you person. 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. In 1933, by the Western Union Company were invented "singing telegrams". 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. Transaction with Fexco has allowed Western Union to control directly more than 10 thousand points of service, which belonged to Fexco in 7 European countries (Spain, UK, Sweden, Ireland, Denmark, Norway and Finland).