In 1988, the company undertook a massive reorganization in response to rapidly changing business conditions. In particular, this need has arisen due to many technological changes that have taken place at that time. Company name was changed from Western Union Telegraph Co. to Western Union Corp. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. America was on the verge of civil war and needed a reliable connection between the North and South. On the telegraph market of the USA at this time were operated with six large companies: American Telegraph Company, New York Albany and Buffalo Electro-Magnetic Telegraph Company, Atlantic and Ohio Telegraph, Illinois & Mississippi Telegraph Company, New Orleans & Ohio Telegraph Company, and the brainchild of Sibley & Co. - The Western Union Telegraph. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. In 1864, fearing the laying of long underwater lines, Western Union offered to carry out laying of telegraph lines to Europe through the Russian Alaska under the narrow Bering Strait and then to Siberia with branching in the major cities of Europe. In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company.
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In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market.
Agent | Work time | Services |
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Sbb Cff Ffs, Liestal Bahnhofplatz 1 4410 Sbb Cff Ffs |
Monday:
6:30 AM - 7:00 PM
Tuesday: 6:30 AM - 7:00 PM Wednesday: 6:30 AM - 7:00 PM Thursday: 6:30 AM - 7:00 PM Friday: 6:30 AM - 7:00 PM Saturday: 7:00 AM - 6:00 PM Sunday: 8:50 AM - 6:00 PM |
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In 1920, Western Union has implemented the world's first transmission of images over the ocean. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. 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.