(12 Sep 2013, 8:29 pm)busman101 wrote The shares in NTL remain the same as far as I know and the revenue is apportioned on usage across the partner operators - so if a new operator came into local bus operation and wanted to accept NTL tickets then they would get their share of the revenue pot rather than a share of the company
That was my argument, which was apparently incorrect. From what I've seen now I'd say it works exactly how eezypeazy described.