This study proposes a new concept of carrier-phase-based satellite augmentation system named “Compact Real-time Kinematic for Expanded Area (COREA),” which provides centimeter-level positioning services across nationwide coverage. The proposed system’s architecture is very similar to that of the satellite-based augmentation system (SBAS), a meter-level aviation safety service. While network real-time kinematic and precise-point-positioning-RTK (PPP-RTK) rely on several densely positioned reference stations, COREA provides carrier-phase-based corrections using a few reference stations with a distance of 400–1000 km. Furthermore, the COREA corrections can be transmitted by satellite signals with extremely low-speed data links of 250 bps, similar to SBAS. This study focused on the generation method for satellite code/phase clock (CPC) corrections, which is the most significant part of the system. We analyzed the user performance of the COREA system constructed in the Midwest and South of the United States with six reference stations. Consequently, satellite CPC corrections are resilient to communication failures and highly accurate in identifying user integer ambiguity. The 95% position accuracy is approximately 1.8 cm horizontally and 7.1 cm vertically, with an average convergence time of 1–3 min using only GPS triple-frequency signals. In summary, the COREA system preserves the hardware architecture of the legacy SBAS while providing centimeter-level services with fast convergence times by utilizing extremely low-speed satellite data links across the country.