Intelligent CIO Europe Issue 24 | Page 13

Elavon acquires Payius in Sweden, strengthening Elavon’s capabilities across Nordics Ericsson, Swisscom, and Qualcomm move commercial 5G spectrum sharing closer E lavon, a global payment processor for businesses across Europe and North America, is strengthening its presence in Europe by acquiring Payius in Gothenberg, Sweden. Payius has been an Elavon-exclusive reseller since 2013 focused on providing Elavon merchant acquiring services in Sweden, Denmark and Finland. Ketil Fridheim, Executive Vice President and Managing Director, Elavon Northern Europe, said: “We are focused on growth and leading the way in the payment services industry as the global economy becomes more digital and increasingly centred on money movement. This deal will enable us to extend our distribution capability in Sweden and in the Nordics. We are very proud of the work of our teams to drive growth across Northern Europe.” Elavon is a top choice for businesses looking for a strong payments partner. It helps customers run their businesses more efficiently and compete more effectively in online and mobile commerce by providing secure, reliable digital and in-store payment capabilities. T he partners successfully carried out the first over-the-air spectrum sharing 5G data call with a service provider, at Swisscom’s Digital Lab on October 31. The call was enabled by Ericsson Spectrum Sharing (ESS). Ericsson and Qualcomm had previously achieved the first 5G data call using Ericsson Spectrum Sharing on a 3GPP Frequency Division Duplex (FDD) low band. The latest achievement with Swisscom is a catalyst towards making commercial 5G spectrum sharing a reality. Ericsson Spectrum Sharing, part of Ericsson Radio System, enables a quick, flexible and cost-effective upgrade to 5G within existing 4G carriers. Based on traffic demand, the solution will dynamically share spectrum between www.intelligentcio.com 4G and 5G carriers, making the switch within milliseconds to minimise spectrum wastage and provide the best end-user performance. Swisscom, with Ericsson as its sole 5G vendor, was the first communications service provider in Europe to launch commercial 5G services in April 2019 – on the 3.6 GHz band. Swisscom is targeting 90% population coverage by the end of 2019. Patrick Weibel, Head of 5G Program, Swisscom, said: “Dynamic Spectrum Sharing (DSS) allows Swisscom to best leverage the existing frequency spectrum and infrastructure for 4G and 5G customers, depending on their needs. Spectrum sharing will ensure that Swisscom can provide extensive 5G coverage to its customers as soon as possible.” INTELLIGENTCIO 13