An orthogonal frequency division multiplexing (OFDM) signal spectrum shaping device comprises an input interface configured to receive an input signal, a modulation portion coupled to the input interface, configured to modulate the input signal to generate a plurality of uncompensated sub-carriers, and a sub-carrier gain control module configured to selectively apply a plurality of gain factors to the plurality of uncompensated sub-carriers to generate a plurality of compensated sub-carriers that are substantially equal in amplitude.