A multi-carrier linear equalization receiver, e.g., a RAKE receiver or chip equalization receiver, is described herein. The multi-carrier receiver distributes processing delays among a plurality of received carriers based on a dispersion determined for each carrier. The receiver initially allocates a minimum number of processing delays sufficient for light dispersion to each carrier. For the dispersive carriers, the receiver allocates one or more additional processing delays. In one embodiment, the additional processing delays are allocated to the dispersive carriers based on SIR.