The Globe and Mail reports in its Wednesday edition after five years in business, Wind Mobile's chief executive officer says the backing of its new shareholders means the wireless carrier is finally in a "normal situation" where it can focus on investment and expansion rather than financial survival. The Globe's Christine Dobby quotes Pietro Cordova, who took over as CEO in October after two years as chief operating officer, as saying Wind is poised to acquire spectrum and upgrade its network to LTE. "I would say we are back to a normal situation where if you can show proper business planning and returns, capital is not going to be a scarce resource," Mr. Cordova told The Globe. Wind's investors include its founder Anthony Lacavera and Toronto hedge fund West Face Capital. Mr. Cordova said he expects Wind will surpass 800,000 subscribers at some point next week and noted, "We are EBITDA [earnings before interest, taxes, depreciation and amortization] positive now on a structural basis, which means the company can look after itself on its own." Operating in Ontario, British Columbia and Alberta, Wind is Canada's fourth-largest wireless carrier, although it remains well behind the country's Big Three.