In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. 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. Western Union incomes for 2007 have made $4,9 billion US dollars, and the quantity of transactions has made 572 million. Western Union for more than 130 years provides money transfer services to its customers.