The single-letter characterization of the entanglement-assisted capacity of a quantum channel is one of the seminal results of quantum information theory. In this paper, we consider a modified communication scenario in which the receiver is allowed an additional, `inconclusive' measurement outcome, and we employ an error metric given by the error probability in decoding the transmitted message conditioned on a conclusive measurement result. We call this setting postselected communication and the ensuing highest achievable rates the postselected capacities. Here, we provide a precise single-letter characterisation of postselected capacities in the setting of entanglement assistance as well as the more general non-signalling assistance, establishing that they are both equal to the channel's projective mutual information -- a variant of mutual information based on the Hilbert projective metric. We do so by establishing bounds on the one-shot postselected capacities, with a lower bound that makes use of a postselected teleportation protocol and an upper bound in terms of the postselected hypothesis testing relative entropy. As such, we obtain fundamental limits on a channel's ability to communicate even when this strong resource of postselection is allowed, implying limitations on communication even when the receiver has access to postselected closed timelike curves.
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