Amendment

0013-EX-TU-2000 Text Documents

XM Radio Inc.

2002-01-04ELS_52127

hm m m m SATELLiTE RADi0 uggP V ue December 21, 2001 Via Hand Delivery Ms. Magalie Roman Salas Secretary Federal Communications Commission 445 12th Street, NW Washington, DC 20554 RE: XM Radio Inc. Space Station Licenses: S$2118, S2119 Earth Station Licenses: E000724; E000158 Experimental License: WB2XCA Dear Ms. Salas: XM Radio Inc. ("XM Radio"), holder of the above—captioned licenses including a license to operate a satellite Digital Audio Radio Service ("DARS") system in the 2332.5 — 2345 MHz band, hereby informs the Commission ofits revised ownership resulting from a recent sale of voting shares by one its shareholders. In December 2000, in response to an earlier application, the Commission approved the transfer control of XM Radio from Motient Corporation ("Motient‘) to the diffuse shareholders of XM Satellite Radio Holdings Inc. ("XMSRH"), XM Radio‘s ultimate parent.‘ Following the transfer, control rested in XM Radio‘s Board of Directors, the members of which were listed in its application. See July 2000 Transfer Application at Exhibit B, pages 4—5. ! iSee Application of XM Radio Inc., File No. SAT—T/C—20000714—00115 (July 14, 2000) ("July 2000 Transfer Application"). On December 21, 2000, the Commussion granted this application. See XM Radio Inc., Order, 15 FCC Red 24484; File No. SAT—T/C— 20000714—00115 (Dec. 21, 2000). On February 7, 2001, XM Radio informed the Commussion that the transfer had consummated. See Letter from Lon C. Levin, XM Radio Inc., to Magalie Roman Salas, File No. SAT—T/C—20000714—00115 (Feb. 7, 2001).

Ms. Magalie Roman Salas December 21, 2001 Page 2 Since the transfer was consummated, more than fifty percent of XM Radio‘s voting shares appear to now be held by shareholders who were not previously disclosed to the Commission. With the exception of the resignation of one director, the members of XMSRH‘s Board of Directors remain the same. Attached as Exhibit A is a list of XMSRH‘s current shareholders holding more than 1 percent of XMSRH‘s voting rights and, as Exhibit B, is a list of the members of the XMSRH‘s Board of Directors. If requested by the Commission, XM Radio will file an application for approval of the change in shareholders. Otherwise, XM Radio anticipates that it will seek Commussion consent prior to any substantial change in the XMSRH‘s Board of Directors. Please contact the undersigned should you require any further information regarding this matter. Very truly yours, %fz{/{ Lon C. Levin ce: James Burtle Rosalee Chiara Terrence Reideler


Document Created: 2002-01-04 11:33:53
Document Modified: 2002-01-04 11:33:53
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