Read the following passage carefully and answer the questions below:

The much-anticipated launch of Bangladesh's first ever satellite, Bangabandhu-1, ushers in a new era in Bangladesh's developments. An event such as this is unprecedented in the history of Bangladesh, and truly speaks of the advancements our nation has made since its birth 50 years ago. Not only does it highlight Bangladesh's prominence on the global stage, it will also have massive benefits for our country in the long run. As it stands, Bangladesh spends $14 million annually to rent satellite connectivity from foreign service providers. Bangabandhu-1 will save this huge cost. Additionally, it will serve as an important source of income for Bangladesh, as we too will now be able to rent satellite services out to other countries. It will also open up a whole new world of possibilities, allowing us to collect various streams of data for research purposes and improving internet services. It is hoped that the satellite will help reduce emergency response times during natural disasters as it would be able to provide uninterrupted telecommunications services.