Dense coding for continuous variables

A scheme to achieve dense quantum coding for the quadrature amplitudes of the electromagnetic field is presented. The protocol utilizes shared entanglement provided by nondegenerate parametric down-conversion in the limit of large gain to attain high efficiency. For a constraint in the mean number of photons n \= associated with modulation in the signal channel, the channel capacity for dense coding is found to be ln (1+n \=+n^2), which always beats coherent-state communication and surpasses squeezed-state communication for n \=>1. For n \=1, the dense coding capacity approaches twice that of either scheme.