FiberWay enables efficient and effective usage of the fiber optic communications medium. Current systems consist of fiber optic T/R pairs grafted onto an existing network, and are often simply a substitute for baseband electrical cable systems. In contrast, FiberWay provides the effect of a digital broadband network, wherein multiple independent protocols are transported simultaneously over the same fiber. A network of networks results. FiberWay enhances the value and performance of installed standard networks, providing the capability for the co-existance of varied standards for different applications, and presents an upward migration path for network growth.