The evolution of radio access networks is towards a centralized architecture (C-RAN), with massive antenna deployments and large radio-frequency bandwidths. In the next future, traditional optical transport technologies based on digital radio over fiber will no longer be able to support the mobile fronthaul traffic connecting antennas hosted at remote radio units and centralized baseband units. Analog radio over fiber can be selected to support the mobile fronthaul (MFH) network and, in particular, pulse width modulation (PWM) is a viable alternative for analog signal transport. In order to increase the MFH spectral efficiency, we propose to exploit multilevel PWM (M-PWM) in a wavelength division multiplexing-passive optical network (WDM-PO...