ited, FBMC offers a number of appealing properties in the application of massive MIMO. In particular, the linear combining of the signal components from different antennas at BS (equivalent to dispreading in CDMA) smooths channel dis- tortion across each subcarrier band. An additional equalization step that further flattens the channel across each subcarrier band has been recently proposed in [36]. This property of FBMC allows one to reduce the number of subcarriers in an assigned bandwidth. Reducing the number of subcarriers has the following impacts, which all position FBMC as a strong candidate in the application of massive MIMO. 1. The complexity of both transmitter and receiver will be reduced, since the underlying polyphase structures will be based on smaller size inverse fast Fourier transform (IFFT)/FFT blocks. 2. The system latency will be reduced. This is because the length and, thus, the correspond- ing group delay of the underlying prototype filter, are reduced. 3. The system sensitivity to CFO will be reduced. 4. The peak to average power ratio (PAPR) of the transmit signal will be reduced. References 1 Chen, W.Y. (1998). DSL Simulation Techniques and Standards Development for Digital Subscriber Line Systems. Indianapolis: Macmillan Publishing. Van Nee, R. and Prasad, R. (2000). OFDM for Wireless Multimedia Communications. Boston, MA: Arthec House. Chang, R.W. (1966). High-speed multichannel data transmission with bandlimited orthogonal signals. Bell System Technical Journal 45: 1775-1796. 4 Saltzberg, B. (1967). Performance of an efficient parallel data transmission system. IEEE Transactions on Communication Technology 15 (6): 805-811. Le Floch, B., Alard, M., and Berrou, C. (1995). Coded orthogonal frequency division multiplex. Proceedings of the IEEE 83 (6): 982-996. doi: https://doi.org/10.1109/5.387096. 6 Farhang-Boroujeny, B. and (George) Yuen, C. (2010). Cosine modulated and offset QAM filter bank multicarrier techniques: a continuous-time prospect. EURASIP Journal on Applied Signal Processing