We examine theoretically the problem of the polarization dependence of
guided-wave devices. We show that tensile-strained quantum wells near
the light-and heavy-hole degeneracy provide almost equal absorption s
pectra and nearly identical electroabsorption curves in the TE and TM
modes, which are necessary features for on-line applications such as s
ignal amplification and pulse reshaping in optical fibre telecommunica
tion systems.