Frequency chirp of a semiconductor laser is controlled by using hybrid modulation, which simultaneously modulates intra-cavity loss and injection current to the laser. The positive adiabatic chirp of injection-current modulation is compensated with the negative adiabatic chirp created by intra-cavity-loss modulation, which enhances the chromatic-dispersion tolerance of the laser. A proof-of-concept transmission experiment confirmed that the hybrid modulation laser has a larger dispersion tolerance than conventional directly modulated lasers due to the negative frequency chirp originating from intra-cavity-loss modulation.