Apparently one of the satellites was meant for internet connectivity in the developing world. Zuckerburg is very mad right now. Lost time is lost opportunity.
Everything about Internet.org went in a way contrary to what Mr Zuckerberg wanted.
The bourgeoisie of the developing world he wanted to help protested, the political class looked into constraining it by law, the first world hated it for misrepresenting the ideals of the Internet and going against hard-earned net neutrality laws, local Internet service providers backed off because of the negative publicity...
And the satellites he wanted to use to circumvent that went up in flames.
Not completely; person-hours involved in building satellites, which are ultimately unique things, add a whole lot of experience to people involved in the building and handling, as well as for the organization. Sure it's not as much as a successful launch, but not totally wasted.