  We analyze a class of Generalized Two-Ray (GTR) fading channels that consist
of two line of sight (LOS) components with random phase plus a diffuse
component. We derive a closed form expression for the moment generating
function (MGF) of the signal-to-noise ratio (SNR) for this model, which greatly
simplifies its analysis. This expression arises from the observation that the
GTR fading model can be expressed in terms of a conditional underlying Rician
distribution. We illustrate the approach to derive simple expressions for
statistics and performance metrics of interest such as the amount of fading,
the level crossing rate, the symbol error rate, and the ergodic capacity in GTR
fading channels. We also show that the effect of considering a more general
distribution for the phase difference between the LOS components has an impact
on the average SNR.
