Hikmet Ersek Net Worth is5.3 $Million
VN:F [1.9.22_1171]
deserves the money?
Rating: 3.9/5 (7 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 4.0/5 (4 votes cast)
Company Name: The Western Union Company
Company Type: Public company
Traded As: WU, S&P 500
Foundation: 1851
Founder: Ezra Cornell
Location: Englewood, Colorado, United States
Key People: Jack M. Greenberg,
Industry: Financial services
Services: Wire transfers, Money orders
Revenue: url
Operating Income: net income
Assets: equity
Num Employees: 7,000 (December 2010) Homepage: [http://www.westernunion.com/ WesternUnion.com]
The Western Union Company is a financial services and communications company based in the United States. Its North American headquarters is in Englewood, Colorado. Up until it discontinued the service in 2006, Western Union was the best-known U.S. company in the business of exchanging telegrams.[citation needed]
Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services.
Western Union, as an industrialized monopoly, dominated the telegraph industry in the late 19th century. It was the first communications empire and set a pattern for American-style communications businesses as they are known today.
In 1851, the New York and Mississippi Valley Printing Telegraph Company was organized in Rochester, New York by Hiram Sibley and others, with the goal of creating one great telegraph system with unified and efficient operations. Meanwhile, Ezra Cornell had bought back one of his bankrupt companies and renamed it the New York & Western Union Telegraph Company. Originally fierce competitors, by 1855 both groups were finally convinced that consolidation was their only alternative for progress. The merged company was named The Western Union Telegraph Company at Cornell's insistence, and Western Union was born.
Western Union bought out smaller companies rapidly, and by 1860 its lines reached from the East Coast to the Mississippi River, and from the Great Lakes to the Ohio River. In 1861 it opened the first transcontinental telegraph. In 1865 it formed the Russian American Telegraph in an attempt to link America to Europe, via Alaska, into Siberia, to Moscow. (This project was abandoned in 1867.) The company enjoyed phenomenal growth during the next few years. Its capitalization rose from $385,700 in 1858 to $41 million in 1876. However it was top-heavy with stock issues, and faced growing competition from several firms, especially the Atlantic and Pacific Telegraph Company--it

Hikmet Ersek Net Worth, 3.9 out of 5 based on 7 ratings
(Visited 36 times, 1 visits today)

Hikmet Ersek Latest News

Profits Soar as Western Union CEO Cashes In on Digital Payments

is benefitting from its expansion into digital payments. The company reported quarterly earnings ... and human smugglers. CEO Hikmet Ersek talks up the humanitarian side of Western Union and how it helps its customers, many of them immigrants and refugees ...
Posted: November 3, 2017, 11:48 am

Western Union to advertise on Nuggets jerseys

“It’s exciting to share our support and pride with our community, our customers in Denver, and those around the world who are passionate fans of the game,” Western Union CEO Hikmet Ersek said in a statement. It was not announced how much Western ...
Posted: August 1, 2017, 10:12 am

Western Union Announces Additional Site in Denver

Tufts Ave., where critical business operations will be conducted. “Western Union is committed to Denver,” said Hikmet Ersek, President and CEO of Western Union. “Relocating to the Tech Center district, closer to light rail access and other urban ...
Posted: December 11, 2017, 4:00 am
Related Topics:
Hikmet Ersek, Hikmet Ersek Age, Hikmet Ersek Basketball, Hikmet Ersek Bio, Hikmet Ersek Biography, Hikmet Ersek Bitcoin, Hikmet Ersek Compensation, Hikmet Ersek Country, Hikmet Ersek Date Of Birth, Hikmet Ersek Davos, Hikmet Ersek Earnings, Hikmet Ersek Email, Hikmet Ersek Email Address, Hikmet Ersek Ethnicity, Hikmet Ersek Gossips, Hikmet Ersek Height, Hikmet Ersek History, Hikmet Ersek Home Town, Hikmet Ersek Images, Hikmet Ersek Income, Hikmet Ersek Interview, Hikmet Ersek Job, Hikmet Ersek Kimdir, Hikmet Ersek Linkedin, Hikmet Ersek Nationality, Hikmet Ersek Net Worth, Hikmet Ersek Networth, Hikmet Ersek News, Hikmet Ersek Partner, Hikmet Ersek Place Of Birth, Hikmet Ersek Rumors, Hikmet Ersek Salary, Hikmet Ersek Secrets, Hikmet Ersek Turkish, Hikmet Ersek Twitter, Hikmet Ersek Videos, Hikmet Ersek Weight, Hikmet Ersek Western Union, Hikmet Ersek Western Union Email, Hikmet Ersek Wife, Hikmet Ersek Wiki, Hikmet Ersek Wikipedia, How Much Is Hikmet Ersek Earnings, How Much Is Hikmet Ersek Income, How Much Is Hikmet Ersek Net Worth, How Much Is Hikmet Ersek Salary, How Much Is Hikmet Ersek Worth, Who Is Hikmet Ersek,