In this article, we apply the extended tanh-function method to find the exact traveling wave solutions of the nonlinear Biswas-Milovic equation (BME), which describes the propagation of solitons through optical fibers for trans-continental and trans-oceanic distances. This equation is a generalized version of the nonlinear Schrödinger equation with dual-power law nonlinearity. With the aid of computer algebraic system Maple, both constant and time-dependent coefficients of BME are discussed. Comparison between our new results and the well-known results is given. The given method in this article is straightforward, concise and can be applied to other nonlinear partial differential equations (PDEs) in mathematical physics