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In this paper, we investigate a cost-effective wireless broadband service provision from high altitude platforms (HAPs) and an economical business model design. Different deployment strategies of HAP system are illustrated in terms of a stand-alone HAP system and in collaboration with terrestrial or satellite systems. An IEEE 802.16 fixed broadband service from HAP is examined to show the effectiveness of providing the service delivery. We propose a partnership-based business model for HAP system, which can be adopted for a cost-effective service delivery, and applied in different application scenarios with collaboration partners, e.g. information service provider (ISP), equipment vendors, and mobile network operator (MNO). Key factors of successfully delivering HAP services and collaboration with partners are investigated in terms of coexistence capability with major wireless network operators and different approaches for a cost-effective HAP service delivery.