The document discusses non-uniform quantization and its advantages for signals with a non-uniform distribution, emphasizing the concept of varying step sizes to optimize signal-to-noise ratio (SNR). It introduces companding as a process to compress signals before quantization and discusses different companding laws (μ-law and A-law) used in telecommunication systems. Additionally, it covers various pulse code modulation (PCM) techniques, including differential PCM and delta modulation, highlighting their advantages and disadvantages in terms of complexity and bandwidth requirements.