Exhibit 25.3 Registration No.: ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) X -- WILMINGTON TRUST COMPANY (Exact name of trustee as specified in its charter) Delaware 51-0055023 (State of incorporation) (I.R.S. employer identification no.) Rodney Square North 1100 North Market Street Wilmington, Delaware 19890 (Address of principal executive offices) Cynthia L. Corliss Vice President and Trust Counsel Wilmington Trust Company Rodney Square North Wilmington, Delaware 19890 (302) 651-8516 (Name, address and telephone number of agent for service) RADIO ONE, INC.* (Exact name of obligor as specified in its charter) Delaware 52-1166660 (State of incorporation) (I.R.S. employer identification no.) 5900 Princess Garden Parkway, 7th Floor Lanham, Maryland 20706 (Address of principal executive offices) (Zip Code) Subordinated Debentures, Notes or other evidences of indebtedness (Title of the indenture securities) *The entities listed on the page following Items 1, 2 and 16 on the next page are also included in this Statement of Eligibility on Form T-1 as additional obligors. ================================================================================ ITEM 1. GENERAL INFORMATION. Furnish the following information as to the trustee: (a) Name and address of each examining or supervising authority to which it is subject. Federal Deposit Insurance Co. State Bank Commissioner Five Penn Center Dover, Delaware Suite #2901 Philadelphia, PA (b) Whether it is authorized to exercise corporate trust powers. The trustee is authorized to exercise corporate trust powers. ITEM 2. AFFILIATIONS WITH THE OBLIGOR. If the obligor is an affiliate of the trustee, describe each such affiliation: Based upon an examination of the books and records of the trustee and upon information furnished by the obligor, the obligor is not an affiliate of the trustee. ITEM 16. LIST OF EXHIBITS. List below all exhibits filed as part of this Statement of Eligibility and Qualification. Exhibits listed below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 and rule 24 of the Commission. A. Copy of the Charter of Wilmington Trust Company, which includes the certificate of authority of Wilmington Trust Company to commence business and the authorization of Wilmington Trust Company to exercise corporate trust powers. B. Copy of By-Laws of Wilmington Trust Company. C. Consent of Wilmington Trust Company required by Section 321(b) of Trust Indenture Act. D. Copy of most recent Report of Condition of Wilmington Trust Company. Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wilmington Trust Company, a corporation organized and existing under the laws of Delaware, has duly caused this Statement of Eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Wilmington and State of Delaware on the 18th day of January, 2002. WILMINGTON TRUST COMPANY [SEAL] Attest: /s/ Anita E. Dallago By: /s/ Donald G. MacKelcan ----------------------- ----------------------------------- Assistant Secretary Name: Donald G. MacKelcan Title: Vice President Exact Name of Additional Obligors Jurisdiction of Formation I.R.S. Employer Identification No. - --------------------------------- ------------------------- ---------------------------------- Radio One Licenses, LLC Delaware 52-1166660 Bell Broadcasting Company Michigan 38-1537987 Radio One of Detroit, LLC Delaware 38-1537987 Radio One of Atlanta, LLC Delaware 52-1166660 ROA Licenses, LLC Delaware 52-1166660 Radio One of Charlotte, LLC Delaware 57-1103928 Radio One of Augusta, LLC Delaware 52-1166660 Charlotte Broadcasting, LLC Delaware 52-1166660 Radio One of North Carolina, LLC Delaware 52-1166660 Radio One of Boston, Inc. Delaware 52-2297366 Radio One of Boston Licenses, LLC Delaware 52-2297366 Blue Chip Merger Subsidiary, Inc. Delaware 52-2334006 Blue Chip Broadcast Company Ohio 31-1402186 Blue Chip Broadcasting, Ltd. Ohio 31-1459349 Blue Chip Broadcasting Licenses, Ltd. Ohio 31-1402186 Blue Chip Broadcasting Licenses II, Ltd. Nevada 31-1688377 Radio One of Indiana, L.P. Delaware 52-2359338 Radio One of Indiana, LLC Delaware 52-1166660 Radio One of Texas, L.P. Delaware 52-2359336 Radio One of Texas I, LLC Delaware 52-2359328 Radio One of Texas II, LLC Delaware 52-2359333 Satellite One, L.L.C. Delaware [To Be Applied For] The address for each of the additional Obligors is Radio One, Inc., 5900 Princess Garden Parkway, 7th Floor, Lanham, MD 20706, telephone (301) 306-1111. The primary standard industrial classification number for each of the additional Obligors is 4832.