The document discusses baseband and modulated communication signals. It defines baseband signals as those that do not use modulation and transmit information in its original form within the baseband frequency range. Modulated signals use carrier waves to shift the information signal to higher frequencies suitable for transmission. The key types of modulation discussed are amplitude modulation (AM), which varies the amplitude of the carrier wave, and angle modulation including frequency modulation (FM) and phase modulation (PM), which vary the frequency or phase of the carrier. Common applications of baseband signals include telephony and digital data transmission over copper wires, while modulated signals are required for wireless transmission through free space using radio frequencies.