In this work, a novel study of the feasibility of shared Power over Fiber (PoF) and Fifth‐Generation (5G) New Radio (NR) Analog Radio over Fiber (ARoF) over long distance Hollow‐core Fibers (HCF) is presented. Comparative measurements between similar lengths of HCFs, Multicore (MCF) and Single Mode Fibers (SMF) are performed. A complete analysis on the Stimulated Raman Scattering (SRS)‐induced noise transfer from PoF to ARoF is tackled. Relative Intensity Noise (RIN) of ARoF signals is measured for all the optical fibers tested, observing no degradation in HCFs, neither on MCFs and significant deterioration in SMFs. A combination of PoF and 5G NR ARoF link in a single fiber is implemented, and 5G NR signals with different modulation formats are successfully transmitted through HCFs and MCFs without degradation, while SRS‐induced noise transfer in SMFs massively deteriorate them. PoF transmission efficiencies are also analyzed, achieving up to 9.9 % System Energy Efficiency (SEE) for a 3.1 km HCF, 0.9 % for a 11.1 km HCF and 1.5 %, 13.5 %, and 20.4 % in a 10 km MCF, a 9.8 km SMF and a 3.3 km SMF, respectively. The PoF signal is used to supply a Bluetooth Low‐Energy (BLE) load with a power consumption of 20 mW.