This paper investigates a hybrid multiplexing technique combining Polarization Division Multiplexing (PDM) and Dense Wavelength Division Multiplexing (DWDM) to enhance channel capacity with a configuration that allows for 32 channels of 130 Gbps each, achieving a net transmission rate of 4.16 Tbps over 50 km of single-mode fiber. The study analyzes the effects of optimized channel spacing and systematic parameters on performance, ensuring a minimum bit error rate of 10^-9. These findings contribute significantly to addressing the rising demand for high-speed data transfer in fiber optic communication systems.