In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. In 1935, Western Union has put into operation first intercity fax communication. The Western Union Company is a leader in global payment services In 1933, by the Western Union Company were invented "singing telegrams". In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network.