False.
Explanation:
Centripetal force on the satellite \(\frac{mv^2_c}{R+h}\) = gravitational force exerted by the earth on the satellite \(\frac{GMm}{(R+h)^2}\)where,
m : mass of the satellite
vc : critical velocity of the satellite
h : height of the satellite from the surface of the earth
M : mass of the earth
R : radius of the earth
G : gravitational constant
Thus, if the value of h changes, the value of v also changes. It means a satellite needs to be given a specific velocity (in the tangential direction) to keep it revolving in a specific orbit.
As per the formula vc = \(\sqrt{\frac{GM}{R+h}}\), if the value of h increases, the value of vc decreases.
Hence, if the height of the satellite from the surface of the earth increases, its velocity decreases.