SeniorNet was first established in Wellington in 1992 with support from Telecom New Zealand.

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Some people, like nationwide communications services provider New Zealand Telecom, got a little too excited.

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They join Bhupendra Kumar Modi, one of India's biggest telecom tycoons who gained Singapore citizenship in 2011, as well as New Zealand billionaire Richard Chandler, who relocated in 2008, and famed U.S. investor Jim Rogers, who set up shop there in 2007.

WSJ: Wealth Over the Edge | WSJ.Money Spring 2013

Huawei already has hefty backbone contracts in Canada and New Zealand and is becoming one of the world's largest suppliers of telecom infrastructure, on top of its high ranking as a handset maker.

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