A method and apparatus are disclosed for canceling cross-talk in a frequency-division multiplexed communication system. The disclosed frequency-division multiplexed communication system employs multiple carriers having overlapping channels and provides an improved cross-talk cancellation mechanism to address the resulting interference. Bandwidth compression is achieved using n level amplitude modulation in each frequency band. An FDM receiver is also disclosed that decomposes the received broadband signal into each of its respective frequency bands and returns the signal to basehand in the analog domain. Analog requirements are relaxed by removing cross-talk from adjacent R-F channels, from image bands, and minimizing the performance degradation caused by In-phase and Quadrature-phase (I/Q) phase and gain mismatches in modulators and demodulators. The disclosed transmitter or receiver (or both) can be fabricated on a single integrated circuit.