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RadioShack in wireless money transfer venture

NEW YORK
Tue Apr 1, 2008 2:47am EDT

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NEW YORK (Reuters) - RadioShack Corp (RSH.N) said on Tuesday that it teamed up with Western Union Co (WU.N) and wireless company Trumpet Mobile to offer a service that lets people wire money through their cellphones.

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The company said the service -- which allows money to be transferred within the United States and to Latin America and Caribbean countries -- is aimed at immigrants and customers without bank accounts.

(Reporting by Justin Grant; Editing by David Cowell)
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