An extended cavity Fabry-Perot laser assembly provides relatively narrow mode spacing while allowing relatively high speed optical modulation. The extended cavity Fabry-Perot laser assembly generally includes an exit reflector physically separated from a laser emitter (e.g., a gain chip) to extend the lasing cavity and narrow the mode spacing while maintaining a relatively small gain region in the laser emitter capable of higher speed optical modulation. The extended cavity Fabry-Perot laser assembly may be used in a multi-channel transmitter in a wavelength division multiplexed (WDM) optical system that selects a channel wavelength for the transmitter from among multiple channel wavelengths emitted by the laser assembly. The narrow mode spacing may be less than a WDM channel width, and more specifically, may be less than a channel passband of an arrayed waveguide grating (AWG) or other filter used to select the channel wavelength.