Recently orthogonal wavelet division multiplexing (OWDM) which use wavelet transform is proposed as an alternative approach tofast fourier transform (FFT) based orthogonal frequency division multiplexing( OFDM )system. It is an efficient approach to replace FFT in the OFDM systems due to its better bit error rate improvement, interference minimization, time-frequency localization, improvement in bandwidth efficiency and many more advantages. OWDM is employed in order to remove the use of cyclic prefix which decreases the bandwidth wastage. This paper gives a theoretical overview of OWDM, application and its advantages/disadvantages. The performance of the developed system is investigated in terms of Bit Error Rate.

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