We present both optical and electrical compensation of Differential Mode Delay (DMD) in Multimode Fiber (MMF) links. Based on the rigorous analysis of optical compensation of DMD, a new kind of Dispersion Compensating Fiber (DCF) is proposed. We show that 10Gb/s Ethernet reach for conventional MMF can be extended to 300m by splicing 10~35m of this DCF. We prove that ISI resulting from DMD can be mitigated with electrical compensation by using linear or nonlinear equalizers. Moreover, we demonstrate that combination of optical and electrical compensation can dramatically enhance the bandwidth of installed MMF. Simulations carried out on six types of typical installed MMF for Overfilled Launch (OFL) as well as Restricted Mode Launch (RML) condition exhibit that transmission distance for conventional MMF with bandwidth-distance product 500MHz-km can be extended to 1000m or beyond with 2dB Eye-Opening Penalty (EOP).
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