3/28/00 First-mile broadband access provider Foxcom (Princeton, NJ) announced that it will change its name to OnePath Networks. The company targets the residential marketplace including the multiple-dwelling unit (MDU) and single-family unit segments.
According to the company, the name was chosen to reflect a sharpened focus on single-wire converged access for the residential marketplace.
OnePath views the MDU market as an untapped opportunity, and cites a 1999 Yankee Group study, "The MDU Market: A Challenge for the Cable Industry." The study found that there are more than 20 million MDUs in the U.S., half of which have 50 or more units. Only 5% of these currently receive communications services from an integrated provider, says the study.