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Zain may expand into emerging markets if Etisalat stake sale fails

Barrak al-Sabeeh, chief operating officer of Kuwait's biggest phone operator, Zain has said the company will look to expand in emerging markets if a planned deal to sell a 46% stake to Etisalat falls through, Bloomberg has reported. "As of now, because of the non-clarity of the Etisalat deal, we should just keep our focus on what we have," al-Sabeeh told the news service. "Once things are clear, definitely we will look into good opportunities to expand."