This paper is successfully demonstrating simulating comparison and investigation of 48 channels of dense wavelength division multiplexing free space optical (DWDM−FSO) network with a 10 GB/s data rate on each channel separated by 100 GHz frequency spacing under a clear sky, haze and light rain climate conditions. Apart from this, comparison of a series of modulation formats such as non−return to zero (NRZ), return to zero (RZ), carrier suppressed return to zero (CSRZ), Soliton pulse, and offset quadrature phase shift keying (OQPSK) have been performed and optimized the performance of the designed system with best suited modulated system. The performance of the proposed work has been evaluated in terms of bit error rate (BER), quality factor (Q), signal−to−noise ratio (SNR), received signal power and eye diagrams. It has been observed that OQPSK modulated system has shown more robust performance as compared to other line encoding techniques. The minimum simulation work reports for OQPSK modulated system have been recorded with the acceptable performance BER ≤ 10−10, Q ≥ 6 dB at the 2000 meters FSO link range.