The present application provides a method and system for sharing of unlicensed spectrum. The disclosed method and system when implement improves the spectral efficiency of LTE users and also improves the overall performance of LAA and Wi-Fi users. A BS senses the channel for any ongoing transmissions for a CCA period which is equal to DIFS time period of Wi-Fi. If the channel is busy (CCA-busy), it enters into back-off stage by selecting a uniform random number from [0, C0−1] as the back-off counter, where C0 is the fixed congestion window size. If the channel is free for a CCA period (CCA-idle), the back-off counter gets decremented by unity until it reaches zero. Once the back-off counter reaches zero, LAA again senses and schedules its down-link transmissions for a maximum channel occupancy period, provided the channel is free.