Write a Paragraph on Bangabandhu Satellite in English

The Bangabandhu Satellite-1 (BS-1), is the first Bangladeshi geostationary satellite operated by BCSCL. In BS-1 The priority satellite applications are (1) Direct to Home (DTH) (2) VSAT (3) Backhaul and Trunking (4) Network Restoration (5) Disaster Preparedness and relief. By these sectors, Bangladesh depends on foreign satellites now. Which costs us around 14M per year. This Huge cost will be avoided and moreover, by renting some frequency broadband we will earn sufficient amount. The Primary Service Area (PSA): Once launched, Bangabandhu-1 will save this annual cost, and bring in foreign currency by leasing out half its capacity to SAARC nations, as well as countries like Indonesia, the Philippines, Turkmenistan, Kyrgyzstan and Tajikistan if the frequencies are properly coordinated. The telecom regulator hopes to break even in seven years. The satellite will narrow the digital divide, as it will help take broadcast and telecom services to rural areas, and allow the launch of some lucrative ventures like direct-to-home services throughout the country.