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
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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.”
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