Success of OFDM has proved that Multi carrier modulation is an efficient solution for wireless communications. Wavelet Packet Modulation (WPM) is a new type of modulation for transmission of multicarrier signal on wireless channel that uses orthogonal wavelet bases other than sine functions. Though this modulation is over all similar to that of OFDM, it provides interesting additional features. In this thesis, a detailed study is given on Wavelets and WPM and the BER performance comparison between the OFDM systems and WPM systems and equalization techniques are analysed. The analysis is done for different types of wavelet generating families, various number of modulations QAM constellation points (16 to 64), and simulated over AWGN channel, and other Multipath fading channels.
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