In present scenario due to the advent of e-business, high definition television (HDTV), online shopping and gaming, the internet traffic is increasing exponentially particularly in the access part of the optical network. In order to secure future, service providers have introduced fiber as a means of communication because of its high information carrying capacity, low cost and long reach. Next Generation Networks belong to Optical domain. Among various Hybrid optical networks, combination of hybrid Wave Division Multiplexing and Optical Time Division Multiplexing (WDM/OTDM) is backward...