A system and method for coordinated spatial multiplexing using second order statistical information is provided. A method for controller operations includes receiving second order statistics from a plurality of communications devices, computing a beamforming vector for each communications device in the plurality of communications devices, selecting a subset of communications devices from the plurality of communications devices to receive transmissions, and transmitting transmissions to the subset of selected communications devices. The beamforming vector for a communications device is based on the second order statistics provided by the communications device, and the transmitting uses the computed beamforming vector for each selected communications device to transmit the transmissions to the selected communications device.