Conference Call Highlights: First Data on its Western Union Division in China, India (FDC)

From First Data's (FDC) Q1 2006 earnings conference call:

Bryan Keane - Analyst, Prudential

Okay. Just turning to Western Union, China and India, it looked like India accelerated towards 96% growth in transactions, China decelerated a little bit to 39%. Can you just describe those two markets? What’s the total of Western Union, of those two countries? It used to be 4 to 5%. I think it was 4% last update about China and India combined.

Ric Duques - Chairman and Chief Executive Officer

That’s about where they are right now. There’s really not much change there. I mean, it’s tough to defend 40% growth, versus 96%. Sometimes we are rolling out promotions in certain parts of those countries that are more aggressive during one period of time or another, but the basic percentage of those countries to the total is still about the same.