The document discusses multiplexing, a technique that allows multiple signals to share a single medium by dividing its bandwidth through methods such as frequency division multiplexing (FDM), time division multiplexing (TDM), and code division multiplexing (CDM). It outlines various forms including synchronous TDM and dense wavelength division multiplexing (DWDM), detailing their applications in data communication. Additionally, it highlights that multiplexing is cost-effective and transparent to end users.