Embodiments of the present disclosure relate to a method and system to selecting a waveform in a communication network. The method comprises selecting at least one sequence from a plurality of sequences for transmitting, said plurality of sequences comprises a plurality of sub-set of sequences such that a sequence in a sub-set of sequences is a cyclic shifted version another sequence in said sub-set of sequences. Also, the method comprises rotating at least one sequence from a plurality of sequences by 90 degrees to produce at least one rotated sequence. Further, the method comprises transforming the at least one rotated sequence into frequency domain using a Discrete Fourier Transform (DFT) to generate a transformed sequence and mapping the transformed sequence using a plurality of subcarriers to generate a mapped sequence. Thereafter, the method comprises processing the mapped sequence to generate a waveform having an optimized PAPR, optimized auto and cross-correlation.