A transceiver including a transmit modulator and a receiver. The modulator may accept a channel selection input, a first modulation input, a second modulation input, and an amplitude input. During transmit time slots, the modulator may generate a modulated output having a carrier frequency selected by the channel selection input. The carrier frequency may be frequency modulated by the first modulation inputs, phase modulated by the second modulation input, and amplitude modulated by the amplitude input. During receive time slots, the modulator may generate a carrier frequency selected by the channel selection input and offset by the first modulation input. The modulator may alternate between providing modulated transmit signals during transmit time slots and providing a local oscillator for the receiver during receive time slots.