International Telemetering Conference Proceedings / October 21, 2002 / Town & Country Hotel and Conference Center, San Diego, California / The Equipment Time-Delay (ETD) measurement technology for Continuous Wave (CW) transponder is discussed with emphasis on the principle of measuring the ETD of the intermediate frequency (IF) modulation transponder through measuring subcarrier modulation sideband tone phase. A general method for measuring ETD of different types of transponder (including IF-modulation transponder) is introduced. Finally the measurement method error is analyzed.