(13 Sep 2013, 7:35 am)eezypeazy wrote I think we can all see now just how simple this is - it just divides up the revenue based on usage, after NTL's own costs are deducted.

The 'shares' in the company are nominal shares - they are never traded, but (presumably) can be redistributed to reflect market share at an appropriate moment.

Agreed that the question of voting rights at meetings is intriguing, but ask yourselves this - what is there to be decided and voted upon? I'd guess that the biggest decision is an annual review of NTL prices. Each shareholder (including Nexus on behalf of Metro/Ferry) has a need to maximise revenue; but set NTL prices too high and customers will buy two individual operator tickets instead, thereby depriving companies of NTL revenue. Set NTL prices too low and operators own tickets become more expensive and NTL's share of total revenue goes up and the individual operator loses control of his own revenue stream. And Nexus has the problem of needing to maximise revenue while satisfying their political masters' desire for cheap travel...

I would imagine the meetings might get rather tense...!!!

(08 Jun 2015, 11:03 am)Andreos1 wrote http://www.networkonetickets.co.uk/tickets/magpie-mover-tickets

Magpie Mover ticket prices announced for 15/16 season.

(09 Sep 2015, 1:13 pm)Malarkey wrote If it can be done in the South East, then it can be done in the North East, no need for QCS.
http://www.route-one.net/industry/one-ticket-one-region-all-buses/

(09 Sep 2015, 2:03 pm)aureolin wrote We have this already, and have had for as long as I can remember. The North East Explorer ticket...

(14 Dec 2015, 4:05 pm)Dan wrote Smart, Multi-Operator Travel Launched for North East Bus Passengers

Date: 14 Dec 2015

Region’s bus users to benefit from innovative smart ticketing initiative
Seamless multi-journey travel across the major bus operators of the North East - Stagecoach, Go North East and Arriva
Unlimited travel with any bus operator from less than £2 per day

http://www.simplygo.com/news/smart-multi-operator-travel-launched-for-north-east-bus-passengers

(14 Dec 2015, 4:12 pm)Michael wrote About time, sound like a good idea.

What is the SmartZone boundaries?, just Tyne & Wear?

(14 Dec 2015, 4:58 pm)Malarkey wrote Sunderland, Newcastle, South Tyneside & North Tyneside.

Washington, Gateshead and a few other areas dont benefit from this, further more from going on "The Key" Website to buy a Ticket you cannot purchase multiple zones either, therefore you would have to revert to Network One if you were using multiple operators, makes the scheme pretty pointless in my opinion.

(14 Dec 2015, 4:58 pm)Malarkey wrote Sunderland, Newcastle, South Tyneside & North Tyneside.

Washington, Gateshead and a few other areas dont benefit from this, further more from going on "The Key" Website to buy a Ticket you cannot purchase multiple zones either, therefore you would have to revert to Network One if you were using multiple operators, makes the scheme pretty pointless in my opinion.

(14 Dec 2015, 6:15 pm)Andreos1 wrote Where are the zone boundaries listed?

(14 Dec 2015, 6:46 pm)Andreos1 wrote Ah, got you.
No wonder I couldn't find it!

There is an asterisk in the link about the boundaries, but I couldn't see anywhere further referencing it.

(14 Dec 2015, 7:52 pm)markydh wrote I won't be getting one. Utterly pointless unless you live on a multi-operator corridor like Great North Road. [b]Bus only cross boundary tickets would be far more useful![/b? ]