A novel optical signal transmission system, which is highly tolerant of dispersion of the transmission fiber, is proposed. The system employs a dispersion fiber and a phase modulator in both the transmitter and the receiver. We analyzed the characteristics of the system, using the temporal imaging concept, and found that the output optical pulse is insensitive to dispersion of the transmission fiber if the parameters of the system are set to hold a specific condition. We report simulation results that confirm these characteristics of the proposed system.