  The Type Ib/c supernova SN 2001em was observed to have strong radio, X-ray,
and Halpha emission at an age of about 2.5 yr. Although the radio and X-ray
emission have been attributed to an off-axis gamma-ray burst, we model the
emission as the interaction of normal SN Ib/c ejecta with a dense, massive (3
Msun) circumstellar shell at a distance about 7 x 10^{16} cm. We investigate
two models, in which the circumstellar shell has or has not been overtaken by
the forward shock at the time of the X-ray observation. The circumstellar shell
was presumably formed by vigorous mass loss with a rate (2-10) x 10^{-3}
Msun/yr at 1000-2000 yr prior to the supernova explosion. The hydrogen envelope
was completely lost, and subsequently was swept up and accelerated by the fast
wind of the presupernova star up to a velocity of 30-50 km/s. Although
interaction with the shell can explain most of the late emission properties of
SN 2001em, we need to invoke clumping of the gas to explain the low absorption
at X-ray and radio wavelengths.
