In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. The Western Union Company is a leader in global payment services In 1879 Western Union left the telephone business after losing a lawsuit against Alexander Graham Bell - the patent holder on the phone. On the market was placed about 765 million of ordinary shares of the company. On the first day trading on the exchange the company's shares rose by 3.3% and the cost was $ 19.96.