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Prospects and challenges from Bangabandhu Satellite

In case of launching satellite, Bangladesh has become the 57th country in the world and fourth in South Asia. The launch of satellite Bangabandhu-1 by Bangladesh brings both prospects and challenges as it is expected to help the country save foreign currency, while the challenges remain in effectively running the venture. ... Prospects: 1. It is said that all the investments of the satellite would return within seven years, while the satellite company would make profit during the rest of its lifetime.  2. It is expected to provide service for television channels, mobile phone companies, direct-to-home TV service providers, internet connectivity in remote areas and for wither forecast as well as save foreign currency . 3. Under the government plant, 20 out of the 40 transponders of the satellite would be leased out, while the rest 20 would be kept to meet the country’s own demand. 4. Meeting own demand, the country will be able to save $14 million foreign currency per year. 5. As pe...