GEO


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geo

[′gyō]
(geography)
A narrow coastal inlet bordered by steep cliffs. Also spelled gio.

GEO

[¦jē¦ē′ō or ′jē·ō]
(aerospace engineering)

GEO

(1) Ground based. From the Greek word for "earth." See geocaching, geotagging and geodetic coordinates.

(2) (Geostationary Earth Orbit) A communications satellite in orbit 22,282 miles above the equator. At this orbit, it travels at the same speed as the earth's rotation, thus appearing stationary. GEOs are excellent for TV and radio broadcasting, but produce distracting, half-second delays in interactive voice conversations because of the long round trip from earth and back. LEOs and MEOs, which are closer to the earth, are better for interactive services in real time. See geosynchronous, LEO, MEO and HEO.


GEOs Appear Stationary
GEOs travel at earth speed and thus appear stationary. Closer to the earth, LEOs and MEOs constantly move across the land.
References in periodicals archive ?
Paez, Director, Corporate Relations of The GEO Group, 1-866-301-4436
Now that it's hit a groove in El Paso, GEO is scouting for new sites.
As previously announced by GEO, a special committee of the Board was formed consisting of all the independent directors of GEO (the "Independent Committee"), and the Independent Committee approved the sale of the GEO Care Business to members of GEO and GEO Care's management teams (the "MBO Group") for a purchase price of $36 million, inclusive of normalized working capital in the GEO Care Business (the "GEO Care Divestiture").
GEO shareholders who made valid elections to receive cash were placed in a lottery to receive all cash.
Zoley, GEO's Chairman, CEO and Founder, said, "Based on our extensive work over the past few months, our Board and our management team strongly believe that positioning GEO for a REIT conversion will maximize our company's ability to create shareholder value given the nature of our assets, help lower our cost of capital, draw a larger base of potential shareholders, provide greater flexibility to pursue growth opportunities, and create a more efficient operating structure.
As previously announced, GEO may also use proceeds from the offering, along with existing cash, to finance the planned expansion of GEO's Val Verde Correctional Facility in Del Rio, Texas.
We continue to have a very optimistic outlook on our core organic growth opportunities as well as GEO Care's future business development prospects.
Transaction Saves GEO $155 Million In Future Net Cash Payments And Will Be Accretive After 2012
Once GEO and its advisors complete the comprehensive analysis being performed regarding a potential REIT conversion, GEO's board of directors will be adequately informed and in a position to determine whether to move forward with a REIT conversion.
Zoley, Chairman and Chief Executive Officer of GEO, said: "We believe that the initiation of our dividend policy with our first quarterly dividend of $0.