We demonstrate for the first time an analytical model for computing the end to end packet delay of an Optical/Wireless 60GHz Radio-over-Fiber (RoF) network operating under the Medium-Transparent MAC (MT-MAC) protocol. The model takes into account contention both at the optical and the wireless layer, effectively incorporating the MTMAC mechanism for seamless and dynamic capacity allocation over both optical and wireless transmission media. Based on this model, we provide an extensive delay performance analysis of the Medium Transparent MAC protocol for various optical capacity availability scenarios, varying load conditions and optical network fiber lengths. The theoretical results are found to be in good agreement with respective simulation-based findings, confirming that the employment of Medium Transparent MAC protocols can allow for efficient incorporation of the MT-MAC scheme into the upcoming era of 5G mm-wave small-cell networks.