I've lost track of who owns whom, but would this merger create a larger and more effective competitor for Fox? Does it compete with the wireless and telecommun

I've lost track of who owns whom, but would this merger create a larger and more effective competitor for Fox? Does it compete with the wireless and telecommunications industries he appears to be most aligned with? Is the opposition a smokescreen, to provide some "balance" to present and distract from all the rest that he is doing?