A future wireless communication requires high performance and high speed integrated data, audio, video and multimedia services. This performance is achieved using discrete wavelet transforms in terms of ISI and bandwidth compatibility over FFT based OFDM. Where FFT based OFDM has very compact spectral utilization which cannot satisfy the future needs. This paper proposes implementation of new modified lifting wavelet transform for designing wavelets and performing the transform. By implementing LDWT, it is able to increase the spectral efficiency and also decrease the bit error rate.