It was only fitting the public and media were made to wait all day to catch a glimpse and hear a word from the reclusive billionaire founder of TPG Telecom, David Teoh.

Most of the day was spent with Melbourne's media strewn around the corridors of the Federal Court as Vodafone Australia boss Inaki Berroeta finished painting a "gloomy picture" of his business to support the case for a merger with TPG, mostly inside a closed court.