Attachment Attachments

This document pretains to SES-ASG-20110621-00766 for Assignment on a Satellite Earth Station filing.

IBFS_SESASG2011062100766_895309

                                                   EXHIBIT F

                                     Response to Question A21
                  (Description of the Transaction and Public Interest Statement)

Sirius XM Radio Inc. (“Sirius XM”) seeks Federal Communications Commission (“FCC” or
“Commission”) consent to a pro forma assignment of all of the licenses and authorizations held
by XM Radio Inc. XM Radio Inc. is currently directly owned and controlled by Sirius XM.
Pursuant to the proposed corporate reorganization, XM Radio Inc. will be converted to a limited
liability company and renamed XM Radio LLC. The proposed change constitutes a non-
substantial (pro forma) assignment because ultimate ownership and control of all licenses and
authorizations will be exactly the same before and after the proposed transaction.




Grant of this pro forma assignment application will serve the public interest. The ability to make
non-substantial changes in corporate structure enhances the flexibility of Sirius XM’s capital
structure without any adverse effects on competition. Moreover, the Commission has previously
approved the ultimate ownership and control of these licenses and authorizations by Sirius XM,1
and there have been no material changes in ownership since the date of the Sirius XM Merger
Order.

Sirius XM requests that the FCC expeditiously grant this application for a non-substantial
assignment without prior public notice. Sirius XM will supplement, as necessary, any
applications that are pending upon the consummation of the proposed transaction to reflect the
pro forma assignment.2 To the extent that any pending applications, or any other applications for
new facilities or for renewal or modification of existing facilities, are granted to XM Radio Inc.
prior to the closing of the proposed transaction, Sirius XM requests that the grant of this
1
           See Applications for Consent to the Transfer of Control of Licenses, XM Satellite Radio Holdings Inc. to
Sirius Satellite Radio Inc., 23 FCC Rcd 12348 (2008) (“Sirius XM Merger Order”). Sirius XM directly holds
satellite, earth station, wireless, and experimental authorizations. These authorizations are not affected by the
proposed transaction.
2
         See 47 C.F.R. § 1.65.


application include consent with respect to all such subsequently granted authorizations. Further,
Sirius XM requests that grant of this application include authority for the pro forma assignment
of any special temporary authorizations held by XM Radio Inc., or applications for special
temporary authority that are pending, at the time of the consummation of the proposed pro forma
assignment.

FCC applications for the pro forma assignment of the following authorizations are being filed:

         1.       XM Radio Inc.’s space station authorizations, including special temporary
                  authorizations and pending requests to operate terrestrial repeaters3

                           S2118
                           S2119
                           S2616
                           S2617
                           S2786

         2.       XM Radio Inc.’s transmit/receive earth station authorizations

                           E000158
                           E000724
                           E040204

         3.       XM Radio Inc.’s wireless license

                           WQJP534

         4.       XM Radio Inc.’s experimental license

                           WB2XCA




3
         The FCC has previously approved the transfer of control of existing grants of, and requests for, special
temporary authority as part of the transfer of control of the satellite licenses. See Sirius Satellite Radio Inc.,
Application for Transfer of Control of Station Authorization, Order, 18 FCC Rcd 215, 217 n.16 (¶ 7 n.16) (2003);
see also Sirius XM Merger Order, Appendix A, n. 1 (2008).


                                            Exhibit E

                       Response to Questions 40 and A20 (Ownership)

Pursuant to the proposed corporate reorganization, XM Radio LLC will be a wholly owned
subsidiary of Sirius XM Radio Inc. (“Sirius XM”). When the transaction is complete, XM Radio
LLC will hold all the licenses and authorizations currently held by XM Radio Inc.

An affiliate of Liberty Media Corporation, a Delaware corporation, holds preferred stock which
is convertible into an approximately 40% ownership interest in Sirius XM. The address of
Liberty Media Corporation is 12300 Liberty Boulevard, Englewood, Colorado 80112. Dr. John
C. Malone, a United States citizen, owns shares of Liberty Media Corporation representing
approximately 32.45% of the aggregate voting power of the company. Dr. Malone’s business
address is 12300 Liberty Boulevard, Englewood, Colorado 80112.

No other entities or individuals own a 10% or greater direct or indirect interest in Sirius XM.

The Executive Officers and Members of the Board of Managers of XM Radio LLC will be:

Mel Karmazin, President
Patrick L. Donnelly, Secretary
David J. Frear, Treasurer


The Executive Officers of Sirius XM Radio Inc. are:

Mel Karmazin, Chief Executive Officer
James E. Meyer, President, Operations and Sales
Scott Greenstein, President and Chief Content Officer
Patrick L. Donnelly, Executive Vice President, General Counsel and Secretary
David J. Frear, Executive Vice President and Chief Financial Officer
Dara Altman, Executive Vice President and Chief Administrative Officer

The Directors of Sirius XM Radio Inc. are:

Joan L. Amble
Leon D. Black
David J.A. Flowers
Lawrence F. Gilberti
Eddy W. Hartenstein
James P. Holden
Mel Karmazin
John C. Malone
Gregory B. Maffei
James F. Mooney
Jack Shaw


Carl E. Vogel
Vanessa A. Wittman

The address of all Sirius XM Radio Inc. and XM Radio LLC officers and directors is:

1221 Avenue of the Americas
36th Floor
New York, NY 10020


                                    Response to Question 39

Sirius XM Radio Inc. is a defendant in a group of consolidated class action complaints brought
pursuant to federal antitrust and state consumer protection laws in the U.S. District Court for the
Southern District of New York. The lead case is Carl Blessing v. Sirius XM Radio Inc., No. 09-
10035. The related cases are: Scerbo v. Sirius XM Radio, Inc., No. 09-10209; Bonsignore v.
Sirius XM Radio Inc., No. 10-526; Balaguera v. Sirius XM Radio Inc., No. 10-01058; Cronin v.
Sirius XM Radio Inc., No. 09-10468. On May 12, 2011, Sirius XM reached an agreement to
settle the pending case. In connection with the settlement, Sirius XM did not admit any
wrongdoing, any violation of statute or law, or the truth of any claims or allegations of the
plaintiffs. This settlement is contingent upon final approval by the U.S. District Court for the
Southern District of New York.



Document Created: 2011-06-17 15:10:23
Document Modified: 2011-06-17 15:10:23

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