An all-optical processor and method for simultaneous 2R regeneration of the multiple wavelength-division-multiplexed (WDM) channels comprising: a nonlinear medium, wherein the nonlinear medium comprises one or more highly-nonlinear fiber (HNLF) sections adapted to receive multiple WDM channels from the input, and wherein further the HNLF sections are separated by one or more periodic-group delay devices (PGDDs). The all-optical processor may also include one or more amplifiers adapted to receive the multiple WDM channels; one or more de-interleavers adapted to separate the WDM channels into one or more sets of WDM channels, one or more optical band-pass filters to filter the channels received from the amplifier; one or more optical band-pass filters to filter the channels received from the non-linear medium; and one or more interleavers to receive the filtered channels from the periodic band-pass filter and to combine the sets of WDM channels into an output.