A system and method for spectral node splitting in cable TV network based on hybrid fiber-coax architecture is disclosed. Two-way optical signals carrying video and/or multimedia content are received at a signal distribution node. Portions of the received signals are processed according to the functionality the direction thereof. Certain frequency ranges are passed intact while specific different downstream and specific different upstream frequency bands are converted in a manner as to be allowed to be multiplexed into an extended broadband signal. The frequency bands within the extended broadband signal are distributed selectively among separate branches of the network. The frequency bands dedicated to the upstream traffic are received selectively from the separate network branches to be back converted and transmitted upstream to the network controller.