We propose and demonstrate a way to improve the dispersion-limited reach of electroabsorption modulated lasers (EMLs). We generate continuous-phase frequency-shift keying/amplitude-shift keying (ASK) signals with the EML by applying a small current modulation to the laser diode (LD) on top of electroabsorption-modulated ASK signals. The amount of frequency deviation induced by the current modulation is adjusted to have the EML output signals experience pi phase shift at every space. The experimental demonstration shows that with the proposed scheme we can increase the dispersion-limited transmission distance of the EML-based transmitter by 25%-75%, and it can be further improved by employing an LD with flat frequency-modulation response.