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Impact of Multinational Companies on Host Countries - Etisalat Company UAE - Case Study Example

Summary
The paper "Impact of Multinational Companies on Host Countries - Etisalat Company UAE" discusses that the UAE is one of the most economically progressed countries in the gulf region of the Middle East, the country attracts a series of key foreign-based multinational companies to invest in it…
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Extract of sample "Impact of Multinational Companies on Host Countries - Etisalat Company UAE"

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The company has established itself in many countries, both in Asia, the Middle East, America as well as in Africa. The company covers many countries and is one of the leading telecommunications in the world.

The impact of multinational companies in the world is immense, specifically on the hoist nations. The impacts of these nations are diverse, and many of these companies are core pillars in the industry they’re based in. this paper explores the Etisalat company, in the united Arab emirates, while identifying some of the benefits and the disadvantages of the company to the host nation (Walters, 2013, pg 67). The paper similarly explores some of the issues associated with the company and the court files done against the company in its great history to the country.

Etisalat Multinational Company, United Arab Emirates
According to Walters (2013, pg 68), Emirates is a multinational telecommunications company, based in Abu Dhabi, United Arab Emirates. The company is an affiliate of the emirates telecommunications corporation, under the brand name Etisalat. The company is a multinational company providing telecommunications provider, operating in a total of eighteen countries across three regions, Asia, the Middle East, and Africa. The company's current CEO is Ahmad Abdul Karim Mohd Julfar.

The company was founded in the year 1976 and it has a total revenue of $51.7 billion as of 2015 (Walters, 2013, pg 66). The company has several subsidiaries, including Etisalat Egypt, Maroc Telecom, and Ufone among others. Walters (2013, pg 68), asserts that Etisalat communications company is one of the largest telecommunication companies in the world, after its inception about four decades ago the company is well performing in the markets it serves, the company is the leading telecommunications provider in the middle east, as well as some of the African countries.

The company has over the recent past exploited its markets in the three regions it serves, while it intends to serve even more markets, especially in the African and Asian regions, having already established its roots in the Middle East sub-continent. Walters (2013, pg 68) chronicles that the company is none of the most innovative telecommunication organizations in the world. this is witnessed by its intense service provision as well as the application of telecommunication technology to well advance its mobile phone tracking, as well as the messaging service it provides, being one of the leading in the industry.

The company boasts over 169 million subscribers in its leading countries across the three regions. The company has however set targets to well improve this number, being the first company among a few in the world to reach an impeccable landmark. The 18 international markets have given the company a leading market gap of 23 billion USD (Walters, 2013, pg 70). The edge-cutting technology applied by the Etisalat communications company has enabled it to well expand its business across cross-cutting countries.

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