This document discusses frequency modulation (FM) and its types: phase modulation and frequency modulation. It describes the key characteristics of FM including its constant amplitude, higher signal-to-noise ratio, and infinite bandwidth. FM is classified as narrowband FM (NBFM) or wideband FM (WBFM) based on the modulation index. The document also covers pre-emphasis and de-emphasis circuits, methods for generating NBFM and WBFM signals including the direct and indirect (Armstrong's) methods.