A polar modulator has a low AM-AM and AM-PM distortion comprises a phase locked loop. The phase locked loop is designed for outputting a high-frequency signal with a frequency derived from a phase modulation signal at an actuating input of the phase locked loop. A filter device, for suppressing a DC signal component, is coupled to an output of the phase locked loop. Furthermore, provision is made of a controllable voltage source with a control input suitable for feeding in an amplitude modulation signal. A push-pull amplifier is connected by an input to the filter device. It comprises two feedback amplifier transistors connected in series, which are connected to a voltage output of the controllable voltage source for supply purposes. Control terminals of the amplifier transistors are connected to the input and, via a load, to an output of the push-pull amplifier.