This paper presents the development of InGaAsP multiple quantum well asymmetric Fabry-Perot modulators(AFPM), which have a vertical structure and high performance and describes measurements of devices operating at 10GHz for next generation broadband wireless communication applications such as picocell systems. Advantages of the AFPM include low drive voltage, which is less than -2V, and -3dB coupling loss, good flatness of the frequency response and simple fiber alignment. A simple link demonstration has been introduced, resulting in 92dB/Hz spurious free dynamic range and 40dB inter-modulation distortion. This modulator could be use for broadband radio over fiber systems such as picocell and multiple RF links.