1998 - the number of points of money transfers worldwide reached 50,000. The network of money transfers of Western Union is the world's largest. 1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. In 1935, Western Union has put into operation first intercity fax communication. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. The Western Union Company is a financial services and communications company based in the United States. 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.