No doubt there will be demand growth for broadband. But will P1 and YTLE dominate the market is another thing.

The most important thing that you left out is COMPETITION. The market is too small to accommodate 7 wireless broadband players. The no. of players will definitely reduced. So the Big 3 telcos vs 4 WiMax, who do you think the chances of survival is higher? Yea, YTLE got lots of money, but no sane businessman will keep pouring money into a loss making business.

So a few scenarios might happen. 1st, to survive, WiMax players need to go beyond providing plain wireless broadband services. If not, prepare to gulung tikar.

2nd scenario (highly possible), TM will acquire some of the WiMax players spectrum to compliment its fixed broadband.