The suspense is killing us.
Suspense on Mars as Europe Awaits Signal from Lander
http://www.space.com/34444-exomars-schiaparelli-mars-landing-suspense.html

The Trace Gas Orbiter's main engine burn should be complete by now, and the spacecraft should be in orbit around Mars.
The craft's guidance system was expected to turn off the engine once it sensed the burn had put the orbiter on the correct trajectory.

But the orbiter is on the opposite side of Mars as viewed from Earth, so it will take nearly an hour to verify the burn ended as planned.
The maneuver was going smoothly when ground controllers lost communications with the Trace Gas Orbiter as expected.

ESTRACK Madrid waiting for MEX signal confirmation:

The Trace Gas Orbiter's main engine burn should be complete by now, and the spacecraft should be in orbit around Mars.
The craft's guidance system was expected to turn off the engine once it sensed the burn had put the orbiter on the correct trajectory.
But the orbiter is on the opposite side of Mars as viewed from Earth, so it will take nearly an hour to verify the burn ended as planned.
The maneuver was going smoothly when ground controllers lost communications with the Trace Gas Orbiter as expected.

Meanwhile, the Trace Gas Orbiter is nearing the end of its orbit insertion burn. It just passed behind Mars as viewed from Earth,
and ground controllers lost contract with the spacecraft as expected. It will re-appear once the burn is complete.

Ground controllers expect to re-acquire signals from the Trace Gas Orbiter in about one hour, after its burn is finished.

3 min!

Looking for Schiaparelli At Wharton Ridge
Looking for Schiaparelli At Wharton Ridge - SpaceRef
http://spaceref.com/mars/looking-for-schiaparelli-at-wharton-ridge.html

No way for direct telemetry anymore. Have to wait for TGO and MEX confirmation.

Tense moments in Schiaparelli mission control. No signal, but mission director says “let’s not jump to conclusions.

Displays in mission control indicate the antenna in Pune, India, lost Schiaparelli's carrier signal at some point in the final moments of descent.
The lander was programmed to switch off its transmitter to conserve power a few minutes after landing.

Simultaneous with its critical orbit insertion burn, the Trace Gas Orbiter was recording telemetry from Schiaparelli as it entered the Martian atmosphere,
and should be able to play back the data to Earth once its engine firing is complete and the craft emerges from behind Mars.

Madrid DSN still receiving the TGO signal.
DSN Now
https://eyes.nasa.gov/dsn/dsn.html

Signal from DSS 43 station seen at ESOC: green spike is ExoMars TGO:

Mars arrival orbits
https://www.youtube.com/watch?v=pFGJlGz5BD8


ExoMars 2016 arriving at Mars
https://www.youtube.com/watch?v=7oK8R6D9yGM