An adjustable pulse bandwidth single carrier waveform for asynchronous low-cost low-power 5G M2M applications is proposed. The solution uses ultra narrow-band pulse to improve coverage, which is a much more efficient coverage enhancement solution than existing repetition solutions. Frequency localized pulse shaping is used, which allows asynchronous transmission and packing more machine-type devices (MTDs) for the same spectrum resources. In addition, bandwidth of each MTD is configurable based on long term channel quality and system load, which supports higher throughput and lower power consumption. Performance comparison with the repetition solution of 3GPP LTE demonstrates significant gain in terms of number of supported connections.