AFAIK sattelite install use plain RG6.
Is it working? Sattelite is digital. If it is working fine then it is working fine. No need to fix it if it ain't broke. The cold isn't an issue unless you regularly move the wire around. Although cheap wire may deteriorate more quickly over time than good wire.
I would consider replacing it if; it is actually RG59 (should say on the insulation) or if you are having reception problems. These might manifest themselves as drop outs, blockiness, frame freezes and or audio drop outs.