A radio system (10) and radio system (1, 2) in which the value of parameters for a model of a received multipath signal transmitted by a remote station (20) are estimated. A sounding signal transmitted and received by the radio station is used to derive data about the reflecting environment and this data is incorporated into the model after scaling it to represent the multipath signal received from a remote station. Optionally or alternatively the remote station may transmit a sounding signal and derive data about its reflecting environment and transmit this data to the radio station, The model may incorporate both sets of derived data, particularly if they are uncorrelated. The values of the resulting parameters are exploited in applications such as ranging, location or equalization.