As far as I know, modulation is the mixing up of two waves, one containing the information and the other which carries the wave containing the information.....Can you clarify it?
"Pulse Width" describes the 'method'.
What you actually DO with that is up to you.
You could use it to modulate a frequency-signal onto a carrier.
e.g. IR remote control, where the Pulse Width carries the information, the 'frequency signal' could be 38Khz and the 'carrier' is the IR light.
Or you could simply modulate an RF carrier like simple OOK.
If you are powering a motor the PWM switches DC current which can be thought of as a 'carrier'.
Read the Manual to see the definitions of PWM frequency, Period and Duty.