This work presents the performance analysis of a passive optical network (PON) proposal with photonic integrated circuits (PIC). The PON architecture was simulated on MATLAB, focusing on the main functionalities of the optical line terminal, distribution network, and network unity regarded its effects on the physical layer. We show a simulated PIC, implemented on MATLAB through its analytic transfer function equation, used to implement orthogonal frequency division multiplexing in the optical domain to enhance the current optical networks for the 5G New-Radio (NR) scenario. We analyzed the OOK and optical PAM4 compared with phase modulation formats such as the DPSK and DQPSK. All modulation formats can be directly detected for the case in the study, simplifying the reception. Consequently, this work achieved a maximum symmetric transmission capacity of 1.2 Tbps over 90 km of standard single-mode fiber with 128 carriers, 64 carriers for downstream and 64 for upstream, obtained from an optical frequency comb with 0.3 dB flatness. We concluded that phase modulation formats associated with PIC could increase PON capability and push further our current scenario to the 5G new era.