Disclosed is a dispersion compensating and dispersion slope compensating single mode optical waveguide fiber. The refractive index profiles of waveguide fibers in accord with the invention are disclosed and described. These index profiles provide a waveguide fiber having negative total dispersion and negative total dispersion slope so that a standard waveguide fiber is compensated over an extended wavelength range. A telecommunications link using the fiber in accord with the invention is also disclosed and described. A standard fiber to compensating fiber length ratio in the range of 1:1 to 3:1 is shown to give optimum link performance with respect to limiting non-linear dispersion effects.
