The 1945 Proposal by Arthur C Clarke
A satellite in an equatorial circular orbit at a distance of approximately 42,164 km from the center of the Earth, i.e., approximately 35,787 km (22,237 miles) above mean sea level has a period equal to the Earth's rotation on its axis (Sidereal Day=23h56m) and would remain geostationary over the same point on the Earth's equator. In 2002 the Clarke Orbit had over 300 satellites.