We study the evolution of twin-beam propagating inside active media that may
be used to establish a continuous variable entangled channel between two
distant users. In particular, we analyze how entanglement is degraded during
propagation, and determine a threshold value for the interaction time, above
which the state become separable, and thus useless for entanglement based
manipulations. We explicitly calculate the fidelity for coherent state
teleportation and show that it is larger than one half for the whole range of
parameters preserving entanglemenent.Comment: several misprints correcte