The Bangabandhu Satellite-1 (BS-1), will be the first Bangladeshi geostationary communications satellite operated by Bangladesh Telecommunication Regulatory Commission (BTRC). It is expected to be located at 119.1 degrees East longitude geostationary slot. It is named after the father of the nation Bangabandhu Sheikh Mujibur Rahman. It will be built by Thales Alenia Space. The total cost of the satellite is 248 million US dollars (Tk 19.51 billion). Bangabandhu Satellite-1 carries a total of 40 Ku and C-band transponders with a capacity of 1600 megahertz and a predicted life span of 15 years.