Thanks to this association, TCB ensured the necessary infrastructure for the transmission of information and obtained advantages in the use of the telegraph, which Siemens, in contracts with the Prussian government, spread throughout the kingdom.
Its territory was divided into several kingdoms, principalities, electorates and city-states, such as Bavaria, Saxony, Hanover, Nassau, Hamburg, Frankfurt, Bremen and the largest and richest, Prussia.
Reuter established himself in Aachen, West Prussia, operating a news service with homing pigeons to cover the section that the telegraph did not yet connect between Paris and Berlin.
[5] In addition, competition was fierce with the French pioneer, the Havas agency, which soon conquered the Italian and Spanish markets, thanks to linguistic proximity and geopolitics, under the influence of Napoleon III.
In 1856, Havas and Reuters signed an agreement to join efforts and exchange information about their respective domestic financial markets, passing on the results of trading sessions in their capitals to each other.
[6] In this division of Europe, Wolff took less profitable areas in Scandinavia (Denmark and Sweden-Norway), Austria and its imperial territories such as Hungary, Croatia, Slovakia and Bohemia (now the Czech Republic), in addition to Russia (which then included Poland, Finland, Belarus and Ukraine).
Wolff's expansion into Eastern Europe, where there were no strong newspapers or consolidated stock exchanges, fell short of what Havas and Reuters guaranteed, even with the territories of Holland, Belgium, Spain, Portugal, Italy and their respective domains of each of these kingdoms.
In 1866, in retaliation for a Reuters incursion into Germany when the transatlantic-northern cable was installed, Wolff left the cartel and struck a redistribution agreement with the Western Associated Press, a United States agency, establishing a parallel system of news flow.
The allocation of the world to European agencies was not arbitrary, nor was it simply political; it specifically followed the controls of the respective national capitals on installed telecommunications infrastructure.
Six months after the global division by the agencies was celebrated, the Franco-Prussian War (1870-1871) broke out, during which the countries of Havas (France) and Wolff (Prussia) clashed.
Caused by Bismarck (who edited a telegraphic dispatch from Wolff to manipulate French public opinion), France declared war on Prussia, which in turn invaded and occupied the neighboring country.
Although the conflict did not break the agreements irreversibly, it made the relationship between the French and German agencies more difficult, while strengthening the ties between Reuters and Havas.
He liked to entertain a wide circle of friends, especially the writers he published, in his old fashioned red living room in Berlin (Leipzigerstraße 58) and in the garden house of his home in Pankow.
[8] From 1876 to 1878, another war, now in the Balkans (which led to the independence of Serbia, Montenegro, Bulgaria and Romania, hitherto vassals of the Ottoman Empire) generated a new conflict between the cartel's agencies.
Contrary to what had happened in Italy two decades earlier, Havas and Reuters preferred to compete for coverage, and each sent their correspondents separately to a territory that was assigned to Wolff, "invading" the exclusive zone of the German agency.
At the beginning of the 20th century, WTB was one of the largest news agencies in the world, with correspondents across Europe and more in America and Asia, and an estimated capital of 1 million marks.