A Russian Breeze-M rocket launched from the Baikonur Cosmodrome in Kazakhstan failed to reach its intended orbit, leading to the loss of two communications satellites: Telkom Indonesia's Telkom-3 satellite and a smaller satellite for the Russian Satellite Communications Company (RSCC).
Roscosmos cited a premature shutdown in the rocket's cruise propulsion system. An investigation is underway.
Telkom Indonesia confirmed that its satellite was fully insured. The Telkom-3 satellite was fully insured. http://www.roscosmos.ru 07-Aug-12