I. Introduction
Current market trends and future projections indicate that one of the major challenges in next generation mobile communications systems will be to support massive wireless connectivity of machine-type communication (MTC) devices, also known as machine-to-machine or, in a wider sense, the Internet of Things devices. On the one hand, this vision can be implemented by designing an additional wireless communications standard, specifically tailored to MTC characteristics. On the other hand, this vision can be addressed more efficiently by designing a single flexible communications standard, supporting high rate traffic, intended for highly capable smart phones, down to sporadic traffic, intended for inexpensive and energy efficient sensors. Due the limited availability of licensed frequency bands, the opportunistic use of spectrum resources and the ability to aggregate non-contiguous frequency bands also needs to be supported by a flexible physical layer (PHY).