The present invention provides a serializer/deserializer (SERDES) circuit that can cover both client- and network-side interfaces for high-speed data rates. The present invention leverages commonality between the client and network (also known as line) side, and accommodates differences in a flexible manner. In one exemplary embodiment, the present invention provides a four-channel implementation to meet the requirement of both interfaces. The SERDES circuit can be capable of supporting both 40 Gb/s and 56 Gb/s data rates, can include an integrated DQPSK pre-coder and I/Q input/output signals, and can support RZ clock recovery. Additionally, the SERDES circuit can include differential coding support, electronic pre-emphasis, receiver-side electronic dispersion compensation, and the like.