Carrier signals modulated by information (video and/or data) signals are received through a cable and are converted to modulated signals at an intermediate frequency. The IF signals are sampled at a particular frequency to produce digital information signals. The digital information signals are introduced to a variable interpolator which produces first digital signals. The first digital signals are introduced to a complex multiplier which produces second digital signals. The second digital signals pass to an adaptive equalizer which selects for each of the second signals in accordance with the amplitude of such second signals, an individual one of a multitude of amplitude levels involved in quadrature amplitude modulation. These selected amplitude levels represent the information (video and/or data). The output signals from the adaptive equalizer are introduced to a first signal recovery loop which includes a first numerically controlled oscillator. The oscillator operates upon the variable interpolator to obtain the production by the variable interpolator of the first digital signals in the correct subinterval of the time period that each of the digital information signals is produced. The output signals from the adaptive equalizer are also introduced to a second signal recovery loop which includes a second numerically controlled oscillator. This oscillator operates upon the complex multiplier to maintain the frequency of the second digital signals at the frequency of the digital information signals.