A dispersion compensating fiber and module are described for controlling residual dispersion in a dispersion compensated system. The dispersion compensating fiber is designed with dispersion curve having an inflection point at a wavelength near the optical transmission operating wavelength region. The dispersion curve, having an inflection point near the operating wavelength region, produces a relative dispersion slope that closely matches the relative dispersion slope of the transmission fiber over a relatively wide bandwidth surrounding the operating wavelength region.