An efficient means for transmitting digitized return path signals over a cable television return path is disclosed. In one embodiment of the invention, the cable television return path includes a node that receives an analog return signal from a subtree of the cable television system and generates a digital transport signal representative of the analog return path signal. The digital transport signal, however, is not a digitized form of the analog return signal. Rather, the digital transport signal is encoded such that fewer bits are used to represent the analog return signal without substantially impacting the accuracy and dynamic range of the signal. At the hub, the digital transport signal is decoded and converted to produce an analog signal that is a close approximation of the analog return signal.