A theoretical assessment of the performance of a new modulation format whic
h is of interest for both submarine and terrestrial optical transmission is
presented. It consists in increasing the extinction ratio of a standard ph
ase-shaped binary transmission (PSBT) signal in order to obtain a high tole
rance to both chromatic dispersion and signal-to-noise ratio degradation. T
his enables the optical power to be reduced and also therefore nonlinear ef
fects, or the amplifier spacing to be increased. Further-more, this modulat
ion format yields a high spectral efficiency for wavelength division multip
lexing applications.