Koro (lit. "village" in Fijian) is a volcanic island of Fiji that forms part of the Lomaiviti Archipelago . The Koro Sea is named after this volcanic island, which has a chain of basaltic cinder cones extending from north to south along its crest. With a land area of 105.3 square kilometres (40.7 sq mi), it is the seventh largest island (approximately 5x10 miles) of Fiji. Its latitude is 17.18°; its longitude is 179.24°. Its population as of 2017 census was 2,830 spread across 14 villages on the island. 8 villages are in Mudu District on the east coast, and 6 villages are in Cawa District on the west coast. A roll-on/roll-off ferry services Koro weekly from Suva , and also connects Koro to Vanua Levu to the North. Fiji Link provides one scheduled flight per week to Koro, usually on Friday from Nausori Airport .
41-625: Koro may refer to: Geography [ edit ] Koro Island , a Fijian island Koro Sea , in the Pacific Ocean Koro, Ivory Coast Koro, Mali Koro, Wisconsin , United States, an unincorporated community Languages [ edit ] See also: Koro language (disambiguation) Koro language (India) , an endangered language spoken in Arunachal Pradesh, India Koro language (New Guinea) Koro language (Vanuatu) Koro,
82-858: A $ 6 billion transaction. After acquiring the company, First Data Corporation made the decision to relaunch telegraphy services under the Western Union brand, but sold this to International Telegram in 2006. On January 26, 2006, First Data announced its intention to spin off Western Union into independent publicly traded financial services company focused on money transfers through a tax-free spin-off to First Data shareholders . The spin off occurred as planned on September 29, 2006. The next day Western Union announced that it would cease offering telegram transmission and delivery. In May 2009, Western Union announced its plan to acquire Canada-based Custom House from Peter Gustavson. The deal closed in September 2009 for
123-511: A Japanese incense burner Koro (disease) , the syndrome in which someone believes their external genitals are retracting Koro Wachi language , spoken in Nigeria Musiliu Obanikoro , popularly known as Koro Nkoroo language , Nigeria Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Koro . If an internal link led you here, you may wish to change
164-401: A complete strategic, operational and balance sheet restructuring of the company over the next six years. Amman executed a strategy of redirecting Western Union from being an asset-based provider of communications services, with a money transfer business as a large but less important part of the business, into being a provider of consumer-based money transfer financial services . Thus, Amman ran
205-466: A high school. A police post, Western Union and a post office are also on the island. Prior to the arrival of Europeans, settlements were located away from the coast. Captain William Bligh of HMS Bounty passed between the islands of Koro and Makogai in early May 1789, becoming the first European to discover them. The American 2nd Marine Regiment of the 2nd Marine Division and part of
246-464: A million miles of telegraph lines and two international undersea cables . AT&T gained control of Western Union in 1909, acquiring a 30% stake in the company. However, in 1913 AT&T , under indictment for violating the Sherman Antitrust Act of 1890 , was forced to sell its shares in the company which once again became independent. Western Union acquired its only major competitor in
287-771: A mobile money-transfer service with the GSM Association , a global trade association representing more than 700 mobile operators in 218 countries and covering 2.5 billion mobile subscribers. The proliferation of mobile phones in developed and developing economies provides a widely accessible consumer device capable of delivering mobile financial services ranging from text notifications associated with Western Union cash delivery services to phone-based remittance options. Western Union's mobile money transfer service offering will connect its core money-transfer platform to m-bank or m-wallet platforms provided by mobile operators and/or locally regulated financial institutions. The company launched
328-509: A purchase price of US$ 371 million. This acquisition led the company to be re-branded as Western Union Business Solutions. In January 2011, Western Union acquired Angelo Costa, a group active in money transfer and services to immigrants. Angelo Costa has a network of 7,500 points of sale throughout Europe. The agreement was signed for US$ 200 million. In July 2011, Western Union acquired Travelex 's Global Business Payments division for £ 606 million. In October 2011, Western Union completed
369-470: A separate company called Western Union International (WUI), which it sold that year to American Securities . In 1967, American Securities listed WUI as a publicly traded company on the New York Stock Exchange . WUI was acquired by Xerox for $ 207 million in stock in 1979 and subsequently sold for $ 185 million in cash to MCI Communications in 1981. MCI renamed WUI to MCI International, ceasing
410-516: A special advisor who oversaw the divestiture of the four non-strategic telecommunications assets for about $ 280 million. Most of the company's business services unit including the Easylink electronic mail and Telex businesses were sold to AT&T for $ 180 million in Dec 1990. Western Union Priority Services including Mailgram, Priority Letter and Custom Letter services were not included in the deal. This marked
451-483: A standardized time service in 1870 and wire money transfer in 1871. In the 1870s, the company faced increased competition from newly formed rival telegraphy conglomerate Atlantic and Pacific Telegraph Company and from the nascent telephony industry led by the Bell Telephone Company . Western Union instead attempted to launch a rival telephony system before settling a patent lawsuit with Bell and leaving
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#1732855775667492-713: A variety of the Maninka language spoken in Ivory Coast Polynesian culture [ edit ] 'Oro , a god in Polynesian mythology Koro (literally, "grandfather"), a term of respect in the Māori language for a male Kaumātua (tribal elder) Other uses [ edit ] Kōrō , a masculine Japanese given name KORO , a Spanish-language television station in Corpus Christi, Texas, USA Koro (incense burner) ,
533-683: 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 , the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph companies. It dominated the American telegraphy industry from the 1860s to
574-459: Is known as the most fertile island in Fiji, boasting large plantations and thriving tropical forests. Koro has an exceptional bird life and has been featured in numerous books. The village of Nacamaki on the northern side of the island does a traditional turtle calling ceremony during which villagers chant songs and turtles rise to the surface. The island has several small medical stations and schools up to
615-537: Is situated the Dere Bay Resort and the Koro Beach Resort. A residential subdivision, Koro Seaview Estates was established around Dere Bay Resort in 1989 and about 60 homes have been established in the development as of 2009 , including a reconstructed 300-year-old home imported from Java , Indonesia. Planting kava and selling copra are the major economic activities for villagers on Koro. Among Fijians, Koro
656-733: The 1st Marine Division undertook landing rehearsals (Operation Dovetail) on Koro in July 1942 before deploying to Guadalcanal . The short-lived 2002 American reality show Under One Roof was filmed on Koro Island. Koro Island was featured on Home and Garden TV's International House Hunters in 2009. The episode was filmed in May 2009. Koro Island was severely impacted by Cyclone Winston in 2016. Ferry service by Patterson Brothers Shipping Company connects Koro to Viti Levu . The island has an airport, Koro Airport , situated on its eastern coast. Western Union The Western Union Company
697-630: The No Way Out 1998 and Slamboree 2000 . They sponsored UEFA Europa League from 2012 until 2015. During the 2003–04 season, Western Union served as the title sponsor for the Senior Division Football League in Dhaka, Bangladesh. The First Data Western Union Foundation donates money to charitable causes globally. After the 2004 Indian Ocean tsunami , the Foundation donated US$ 1,000,000 to
738-470: The Russian invasion of Ukraine . Money can be sent online or in-person at Western Union agent locations. Cash can be collected in person at any other Western Union agent location worldwide by providing the 10-digit MTCN (Money Transfer Control Number) and identification. In some cases, a secret question and answer can be used instead of identification. In October 2007, Western Union announced plans to introduce
779-418: The 'Treaty of Six Nations', an attempt by six of the largest telegraph firms to create a system of regional telegraphy monopolies with a shared network of main lines. After the creation of the 'Six Nations' system, Western Union continued to acquire both larger & smaller telegraph companies and by 1864 had transformed from a regional monopoly into a national oligopolist with its only serious competitors being
820-567: The 1980s, pioneering technology such as telex and developing a range of telegraph-related services, including wire money transfer , in addition to its core business of transmitting and delivering telegram messages. After experiencing financial difficulties, it began to move its business away from communications in the 1980s and increasingly focused on its money-transfer services. It ceased its communications operations completely in 2006, at which time The New York Times described it as "the world's largest money-transfer business" and added that
861-642: The American Telegraph Company and the United States Telegraph Company. Western Union completed the first transcontinental telegraph in 1861. Notably, the first messages went to then President of the U.S. Abraham Lincoln . The firm additionally formed the Russian–American Telegraph Company in an attempt to link America to Europe, via Alaska , into Siberia , to Moscow – a project abandoned in 1867 following
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#1732855775667902-514: The American telegraphy sector Postal Telegraph, Inc. in 1945, effectively giving the company monopoly power over the industry. After 1945 the telegraphy industry began to experience a decline as the use of telephones increased, especially in the case of long-distance calls, with total telegraph messages almost halving from 1945 to 1960. In 1958, Western Union began offering telex services to customers in New York City. Teleprinter equipment for
943-538: The U.S. Abraham Lincoln . The New York and Mississippi Valley Printing Telegraph Company was founded in Rochester, New York by Samuel L. Selden , Hiram Sibley , and others in 1851. In 1856 the company merged with its competitor the Erie and Michigan Telegraph Company , controlled by John James Speed , Francis Ormand Jonathan Smith and Ezra Cornell and, at Cornell's insistence, changed its name to Western Union Telegraph Company. In 1857, Western Union participated in
984-667: The Westar satellites launched) in 1988 after Western Union suffered financial losses with their telecommunications assets starting in the early 1980s. In 1981, Western Union purchased a 50% interest in Airfone . It sold Airfone to GTE in 1986 for $ 39 million in cash. From 1982, as a result of financial services deregulation , Western Union began offering wire money transfer services globally. In 1984, after years of declining profits and mounting debts, Western Union began to negotiate with its creditors regarding debt restructuring. The restructuring
1025-611: The Western Union Connect service in October 2015, following partnership agreements with major instant messaging apps WeChat and Viber . The partnership allows users of WeChat to send up to $ 100 to China , the US and 200 other countries, while Viber users can send up to $ 100 for $ 3.99 plus exchange rate fees , with that fixed fee increasing the more money is sent up a limit of $ 499. Along with satellite telecommunications, Western Union
1066-412: The Western Union company for telegram and mailgram message data to Western Union bureaus nationwide. It also handled traffic for its telex and TWX services. The Westar satellites ' transponders were also leased by other companies for relaying video , voice , data , and facsimile (fax) transmissions. The Westar fleet of satellites and ground stations were sold to Hughes (who originally built all of
1107-647: The acquisition of Finint S.r.l., one of Western Union's leading money transfer network agents in Europe, with more than 10,000 subagent locations across Italy, Spain, and the United Kingdom. In May 2015, rumors emerged over a proposed merger of Western Union and competitor MoneyGram , at a time when both companies’ revenue were declining. Western Union denied this was the case. In January 2017, Ant Financial , Alibaba ’s financial technology firm instead unsuccessfully attempted to acquire MoneyGram for $ 880 million, but this
1148-465: The company as two separate companies. One business consisted of the money transfer business, which was funded and operated to take advantage of the significant growth opportunity. The second unit consisted of all the non-strategic communications assets such as the long-distance analog voice network, satellite business and undersea cable assets. In the three-year period through 1990 Amman was supported by Robert A. Schriesheim , also installed by LeBow, as
1189-538: The company would remain as such due to the large number of immigrants wiring money home . From the perspective of the history of technology , Western Union notably completed the first transcontinental telegraph in 1861, being a part of U.S. industry's investments into developing American communications between the coasts of the Atlantic Ocean and the Pacific Ocean . The first messages went to then President of
1230-404: The end of Western Union's telecommunications carrier business. The official name of the corporation was changed to New Valley Corporation in 1991, as part of the company's move to seek bankruptcy protection to eliminate the firm's overleveraged balance sheet while continuing to grow the money transfer business. The name change was used to shield the Western Union name from being dragged through
1271-494: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Koro&oldid=1221289008 " Categories : Disambiguation pages Place name disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Koro Island The island has an airport, Koro Airport , situated on its eastern coast. On its northwestern tip
Koro - Misplaced Pages Continue
1312-502: The proceedings (and the resulting bad PR). Under the day to day leadership of Amman and the backing of LeBow , the company's value increased dramatically through its years operating under chapter 11. Following various restructurings, including negotiations with Carl Icahn who became a large bond holder, New Valley Corporation was sold in a bankruptcy auction to First Financial Management Corporation in 1994 for $ 1.2 billion. In 1995, First Financial merged with First Data Corporation in
1353-428: The successful laying of a transatlantic cable in 1866. In 1866, Western Union acquired the American Telegraph Company and the United States Telegraph Company, its two main competitors, for a time gaining a virtual monopoly over the American telegraphy industry. The company also began to develop new telegraphy-related services beyond the transmission and delivery of telegrams, launching the first stock ticker in 1866,
1394-565: 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. When the Dow Jones Railroad Average stock market index for the New York Stock Exchange (NYSE) was created in 1884, Western Union was one of the original eleven companies to be included. By 1900, Western Union operated
1435-632: The telex network was originally provided by Siemens & Halske AG and later by Teletype Corporation . Direct international telex services commenced in the summer of 1960, with limited service to London and Paris. In honor of Valentine's Day 1959, Western Union introduced the Candygram, a box of chocolates accompanying a telegram that was featured in a commercial with the famously rotund radio announcer Don Wilson . In 1963, Western Union organized its international cable system properties and its right-of-way for connecting international telegraph lines into
1476-499: The use of Western Union branding. Western Union purchased the TWX system from AT&T in January 1969, the only major competitor to its own telex network. Western Union became the first American telecommunications corporation to maintain its own fleet of geosynchronous communications satellites , starting in 1974. The fleet of satellites, called Westar , carried communications within
1517-447: Was also active in other forms of telecommunication services: Most of these services were discontinued by Western Union in the late 1980s due to a lack of profitability, with the company's divisions providing said services being divested and sold to other companies, such as the 1988 sale of WU's satellite fleet and services to Hughes Space and Communications , and the sale of WU's Airfone service to GTE in 1986. In 1914, Western Union
1558-550: Was blocked by the U.S. government citing national security concerns. In 2018, the company moved its headquarters from Englewood, Colorado to the Denver Tech Center . The Englewood office complex was sold in 2020 for $ 40 million. In November 2020, Western Union acquired a 15% stake in the digital payments unit of Saudi Telecom Company for $ 200 million. In 2022, Western Union suspended operations in Russia and Belarus due to
1599-433: Was completed in 1987 when investor Bennett S. LeBow acquired control of Western Union through an outside of chapter 11 process that was a complex leveraged recapitalization. The transaction was backed by a total of $ 900 million in high-yield bonds and preferred stock underwritten by Michael Milken 's group at Drexel Burnham Lambert as part of an exchange offer. LeBow installed Robert J. Amman as president and CEO who led
1640-508: Was later discontinued by CyberSource effective December 31, 2007. Western Union was a major shirt-sponsor of the Sydney Roosters NRL team from 2002 to 2003. The company still sponsors the team, but not as a shirt-sponsor. Globally Western Union sponsors numerous community events that help support the diaspora communities that use the global Money Transfer service. They also sponsored numerous WWE and WCW pay-per-view events such as
1681-533: Was the first to issue a charge card. As the Internet became an arena for commerce at the turn of the millennium, Western Union started its online services. BidPay was renamed "Western Union Auction Payments" in 2004 before being renamed back to BidPay. BidPay ceased operations on December 31, 2005, and was purchased for US$ 1.8 million in March 2006 by CyberSource Corp. who announced their intention to re-launch BidPay. BidPay