It should be noted that AMD has an equivalent management engineZ
Trustzone is a secure execution environment, mostly isolated from normal CPU operation. Wasn't it so that it cannot even access main memory???
ME is really more privileged than the CPU?
I have not heard about Trustzone doing networking. But ME can supposedly do even WLAN while the CPU is not running.
Disclaimer: I am not a hands-on expert at that level, more like an armchair pilot...