Satelites Mexicanos Sa De CV 6-K Current report (foreign)

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934

For the Month of June, 2006

Commission File Number 333-8880

MEXICAN SATELLITES, a Mexican Company of Variable Capital

(Translation of registrant’s name into English)

SATÉLITES MEXICANOS, S.A. DE C.V.
Rodolfo Gaona #86
Col. Lomas de Sotelo
11200, Mexico, D.F.
Mexico
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-Fþ     Form 40-Fo

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):o

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yeso     Noþ

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _______

TABLE OF CONTENTS

	Signatures
EX-99.1: PRESS RELEASE

Press Release Announcing Filing of Executed Restructuring Plan

On June 2, 2006, we made a public announcement in Mexico that Thomas Heather, theConciliadorin ourConcurso Mercantilproceeding, filed our executed restructuring plan on June 1, 2006 with the Mexican court where ourConcurso Mercantilis pending. The press release regarding this announcement is attached hereto as Exhibit 99.1.

Exhibit No. 99.1      Press Release of Satélites Mexicanos S.A. de C.V., “Conciliador Files Executed Restructuring Plan with Mexican Bankruptcy Court,” released June 2, 2006 in Mexico City to Mexican press outlets.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	SATÉLITES MEXICANOS, S.A. DE C.V. (Registrant)
Date: June 7, 2006	By:	/S/ Cynthia Pelini
		Cynthia Pelini
		Chief Financial Officer