The Amos-5 satellite, launched into space a month ago, was finally ready to commence commercial operations on Wednesday.
Space Communication announced the anticipated launch on Tuesday.
Because of the delay in the satellite coming online, which caused the Israeli company heavy expenditure, the Russian manufacturer NPO-PM agreed to compensate Spacecom with a discount of $13.5 million from the $160 million price of the satellite.
The satellite is the biggest Spacecom has yet launched. It was launched last month from Baikonur, Kazakhstan.
Adding the Amos-5 to its arsenal expands Spacecom's footprint to Africa with linkage to Europe and the Middle East. The company currently provides communications and broadcasting services throughout Europe, the Middle East and the U.S. East Coast.
The delay in activating the Amos-5 caused Spacecom to subcontract service from other companies at its own expense so as not to jeopardize its newly expanded customer base.
The company's client list includes private consumers, multi-channel television broadcast service operators, Internet service providers, telecom operators, infrastructure providers and government agencies.
Spacecom, 69%-owned by Shaul Elovitch's Eurocom Holdings and run by chief executive David Pollack, also operates the Amos-2 and Amos-3 satellites.
The company has other satellites under production and on the drawing board: These include Amos-4, slated to provide services to Russia and South Asia, and Amos-6, scheduled for service to Europe and the Middle East in 2014.