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An on-ground spare satellite to Westar 6, Westar 6S, was in development by Western Union and Hughes when Western Union decided to divest themselves of their telecommunications-based assets starting in the early 1980s after suffering heavy financial losses. This resulted in Western Union selling the Westar satellite fleet and operations to ...
Western Union built a teleport in Cedar Hill, Texas, to uplink content to the Westar satellites (it was interconnected to WU's existing terrestrial microwave network at the time), and another teleport that, in addition to uplink services, would become the main TT&C (Telemetry, Tracking & Control) center for the satellite (and for all of the ...
Western Union Telegraph Building, lithograph. The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, [3] the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph ...
Automatic Telegraph Switching System Plan 55-A was one in a series of store and forward message switching systems developed by Western Union and used from 1948 to 1976 for processing telegrams. [1] It is an automated successor to Plan 51 , which commenced service in 1951 in a nationwide network of the U.S. Air Force , but required semi ...
Western Union instead attempted to launch a rival telephony system before settling a patent lawsuit with Bell and leaving the telephone business completely in 1879. Financier Jay Gould orchestrated a merger of the Atlantic and Pacific Telegraph Company with Western Union in 1881, giving him a controlling share of the merged company. [29]
Over the years, Western Union has actively repurchased its own stock. In 2023, it spent roughly $308 million on the activity; from 2018 to that year, its annual purchasing ranged from $240 million ...
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Western Union invented the mailgram in 1970 and registered the trademark "Mailgram". [2] Service via Westar , Western Union's own communications satellite , was introduced in 1974. The advantage of mailgrams over postal mail is speed and verifiability of transmission.