Transformer models have redefined sequence learning, yet dot-product self-attention introduces a quadratic token-mixing bottleneck for long-context time-series. We introduce the Phasor Transformer block, a phase-native alternative representing sequence states on the unit-circle manifold $S^1$. Each block combines lightweight trainable phase-shifts with parameter-free Discrete Fourier Transform (DFT) token coupling, achieving global $\mathcal{O}(N\log N)$ mixing without explicit attention maps. Stacking these blocks defines the Large Phasor Model (LPM). We validate LPM on autoregressive time-series prediction over synthetic multi-frequency benchmarks against honest baselines: it beats a zero-parameter persistence baseline and, with the corrected gradient path, improves monotonically with depth before saturating, while remaining competitive-but-not-superior to self-attention at a fraction of the parameter count. Our results establish an explicit efficiency--accuracy frontier, showing that scalable temporal modeling in oscillatory domains can emerge from geometry-constrained phase computation with deterministic global coupling.

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