UAE satellite operator Yahsat plans to substantially increase its fleet by 2020. Yahsat CEO Masood Sharif Mahmood said the company is ready for launch of the third satellite and has signed subscriber contracts in Brazil and Africa. He said the next launch of four satellites together will take its fleet to seven by the end of the decade. The four will be used for commercial communications, including global in-flight connectivity, as well as for government use, said Mahmood. Yahsat's investment in its third satellite is around USD 350 million. The company has invested USD 1.8 billion in the first two satellites, although this included the cost of initial launch services and associated ground infrastructure, he said. Yahsat launched its first satellite in 2011 and the second in 2012, serving markets in the Middle East, parts of Africa, Europe and central and south-west Asia. The third satellite is being built by Orbital ATK of Dulles, Virginia, and will be launched aboard a European Ariane 5 rocket. The increase of its fleet by 2020 will help the company, fully-owned by Abu Dhabi state investment fund Mubadala, move up the scale of global fixed satellite operators.