Frequency division multiplexing (FDM) divides the available bandwidth into non-overlapping frequency bands, with each band carrying a separate signal. Time division multiplexing (TDM) divides signals into different time slots to share the same frequency channel. TDM samples voice frequency signals at 8 kHz and quantizes each sample to 8 bits, requiring 64 kbps per voice channel. A 32-channel PCM system using TDM requires 2 Mbps of bandwidth and can carry more voice channels than FDM with the same bandwidth.