**Exhibit 4.49**

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) dated as of December 14, 2009, among INTELSAT SATELLITE IS 14,INC., a Delaware Corporation (the “New Guarantor”), a subsidiary of INTELSAT CORPORATION (or its successor), a Delaware corporation (the “Issuer”), the Issuer and WELLS FARGO BANK, NATIONAL ASSOCIATION, a nationalbanking association, as trustee under the indenture referred to below (the “Trustee”). 

WITNESSETH:

WHEREAS the Issuer and the existing Guarantors have heretofore executed and delivered to the Trustee anIndenture (as amended, supplemented or otherwise modified, the (“Indenture”) dated as of July 18, 2008, providing for the issuance of the Issuer’s 9 1/4% Senior Notes due 2016 (the “Notes”),initially in the aggregate principal amount of approximately $580,719,000; 

WHEREAS Section 4.11 of the Indentureprovides that under certain circumstances the Issuer is required to cause the New Guarantor to execute and deliver to the Trustee a supplemental indenture pursuant to which the New Guarantor shall unconditionally guarantee all the Issuer’sobligations under the Notes pursuant to a Guarantee on the terms and conditions set forth herein; 

WHEREAS the Indentureprovides that in connection with this Supplemental Indenture, the Issuer shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, and such Officers’ Certificate and Opinion of Counsel have been delivered tothe Trustee on the date hereof; and 

WHEREAS pursuant to Section 9.01 of the Indenture, the Trustee and the Issuer areauthorized to execute and deliver this Supplemental Indenture; 

NOW THEREFORE, in consideration of the foregoing and for othergood and valuable consideration, the receipt of which is hereby acknowledged, the New Guarantor and the Trustee mutually covenant and agree for the equal and ratable benefit of the holders of the Notes as follows: 

1. Defined Terms. As used in this Supplemental Indenture, terms defined in the Indenture or in the preamble or recital hereto areused herein as therein defined, except that the term “Holders” in this Supplemental Indenture shall refer to the term “Holders” as defined in the Indenture and the Trustee acting on behalf of and for the benefit ofsuch Holders. The words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof.

2. Agreement to Guarantee. The New Guarantor hereby agrees, jointly and severally with all existing Guarantors, tounconditionally guarantee the Issuer’s obligations under the Notes on the terms and subject to the conditions set forth in Article 10 of the Indenture and to be bound by all other applicable provisions of the Indenture and the Notesapplying to a Guarantor and to perform all of the obligations and agreements of a Guarantor under the Indenture. 

3. Notices. All notices or other communications to the New Guarantor shall be givenas provided in Section 11.02 of the Indenture. 

4. Ratification of Indenture; Supplemental Indentures Part ofIndenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part ofthe Indenture for all purposes, and every holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby. 

5. Governing Law. **THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.**

6. Trustee Makes No Representation. The Trustee makes no representation as to the validity or sufficiency of this Supplemental Indenture. 

7. Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original, butall of them together represent the same agreement. 

8. Effect of Headings. The Section headings herein are forconvenience only and shall not effect the construction thereof. 

 

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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be dulyexecuted as of the date first above written. 

 
INTELSAT SATELLITE IS 14, INC.By: 
 
 Name: Anita Beier Title: Senior Vice President and ControllerINTELSAT CORPORATIONBy: 
 
 Name: Anita Beier Title: Senior Vice President and Controller
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
By: 
 
 Name:  Title: 
[Supplemental Indenture]