TE to roll out money transfer service through WE in partnership with Banque Misr

Telecom Egypt has signed an agreement with Banque Misr to launch a new money transfer service through the state-owned fixed-line monopoly's We network, CEO Adel Hamed said, according to Al Mal. The launch is part of a number of other services TE is planning to roll out in the coming weeks, including an internet protocol television (IPTV) service. The move goes hand-in-hand with government efforts to push for digitization and financial inclusion.