TEM waves exhibit uniform field distribution in the transverse plane due to the nature of their electric and magnetic fields, which are consistent with static fields. In a coaxial cable, the radial electric field arises from the voltage difference between conductors, while the azimuthal magnetic field is generated by opposing currents. These fields adhere to Maxwell's equations, ensuring their uniformity. The propagation speed of these signals is nearly that of light, determined by the formula v = 1/sqrt(LC), where L is inductance and C is capacitance per unit length. Understanding these principles is crucial for analyzing signal behavior in transmission lines.