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KABUL (Pajhwok): Afghanistan’s first satellite – AFGHANSAT 1 — was formally launched on Saturday, with officials expecting a $15 million addition to the government’s annual revenue.

Eutelsat Communications (NYSE Euronext Paris: ETL), one of the world’s leading satellite operators, and the Ministry of Communications and Information Technology (MCIT) had signed a memorandum of understanding to the effect in February 2014.

First Vice-President Mohammad Younus Qanuni, addressing the inaugural ceremony, called the launch a great achievement in Afghanistan’s history. He said it would cover all provinces and some regional countries as well.

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