|Satellite communications is now the integral part of most major telecommunications systems. Satellite allows people with no access to physical connectivity to join roundtable discussion from thousands of miles away can join to others. Satellite made world becomes a very small places. Now a day’s satellite communications is very attractive and powerful technology because one geostationary satellite can cover about forty two per cent of the earth. Because of these technological advantages, it will be needed only three geosynchronous orbital satellites to cover the whole world for communicating each other’s.
As satellite technology dominates international telecommunications market, Bangladesh market is also dominated by Satellite Service during the last two decades. The whole telecom sector of Bangladesh is now using Satellite as their backup of capacity. Satellite can provide a good solution in terms of Service in remote places in Bangladesh. This paper will focus on to the Bangladesh own Satellite named as Bangabandhu Satellite which is targeted to launch very soon and discuss the relevant literature overview along with technical background including frequency allocations, band designations, satellite launching and regulatory perspectives of recent regulatory and licensing regime, present telecom sector related to Satellite, technical and economic impact on present telecom sector. Based on the analysis presented in this report it can be concluded that satellite will be the only way to communicate with the whole world without any interruption and satellite will be the true redundant of whole present telecommunication backbone in parallel of the present telecommunication infrastructure.