This paper deals with the phase noise affecting communication systems, where local oscillators are employed to obtain reference signals for carrier and timing synchronizations. The most common discrete-time phase noise channel model is analyzed, with the aim to fill the gap between measurements and analytical models. In particular, the power loss and the intersymbol interference due to the presence of phase noise is evaluated with reference to the measurements parameters and to the system bandwidth. Moreover, the impact on the communication systems' performance of the phase noise originating from the oscillator non-idealities is considered, in case of free-running and phase-locked oscillators. The proposed analysis allows to extrapolate useful information about the performance of practical systems by investigating the power spectral density of the oscillator phase noise. An expression for the variance of the residual phase error after tracking, which depends on the main parameters of practical oscillators, is derived, and used to study the dependence of the performance on the symbol rate.INDEX TERMS Phase noise, oscillator noise, phase-locked loop, Wiener process.