Wiktionary
co-location
n. An instance of co-locate.
Wikipedia
Co-location (satellite)
Co-location is the placing of two or more geostationary communications satellites in orbit, in close proximity so that to reception equipment on the ground they 'appear' to occupy a single orbital position. The technique as applied to a group of TV satellites from a single operator was pioneered by SES with the Astra satellites at 19.2°E.