High data rates and spectral efficiency is the main requirements for wireless communication systems. Orthogonal Frequency Division Multiplexing (OFDM) is a special form of multi carrier transmission used to achieve high data rates of the various WLAN standards. WLAN uses an Inverse Fast Fourier Transform (IFFT) at the transmitter to modulate a high bit-rate signal onto a number of carriers and ensure orthogonality between the carriers. The FFT-OFDM has a disadvantage that it is inherently inflexible and requires a complex IFFT core. Recently, Wavelet Packet Transform is proposed as an alternate to FFT.