Level 3 provides CDN services to eSchool Solutions; BigBand layoffs loom

> Level 3 Communications is providing Content Delivery Network (CDN) services to eSchool Solutions, which helps school districts find substitute teachers. Story.

> Tellabs has been selected to power Barrett's 4G national broadband network. News release.

> Softbank Corp, Japan's third largest telecommunications operator, is rumored to be planning the sale of JPY55 million (USD663 million) worth of bonds. Story.

> CommScope and Boreflex Industries have settled a patent infringement lawsuit that CommScope filed in September 2010. News release.

> Small to medium businesses (SMBs) in India may spend 40 percent more on software as a service (SaaS) this year, according to AMI-Partners. News release.

> Edge QAM vendor and switched digital video pioneer BigBand Networks will lay off 9 percent of its workforce and consolidate its facilities in a move that it says will save $8 million per year. Story.

> The Bahamas Telecommunications Company (BTC) can continue to charge interconnect fees to rival operators while providing free local calls, the country's regulatory authority ruled. Story.

And finally... Accel's Jim Breyer, who in 2005 made a $12.7 million investment in a little website called Facebook, is setting his sights on the Big Apple's technology start-up scene, reports the New York Times' Dealbook. Story.

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