diff --git a/recipes-osmocom/osmo-mgw/osmo-mgw_git.bb b/recipes-osmocom/osmo-mgw/osmo-mgw_git.bb
index 14792d9..8731c68 100644
--- a/recipes-osmocom/osmo-mgw/osmo-mgw_git.bb
+++ b/recipes-osmocom/osmo-mgw/osmo-mgw_git.bb
@@ -1,7 +1,7 @@
 require ${PN}.inc
 
 S = "${WORKDIR}/git"
-SRCREV = "a330b864e58a5f899c5d8a155f3a788f8c3fb0d9"
+SRCREV = "086c3f3c674a276205a793300c80802d2355cabd"
 SRC_URI = "git://git.osmocom.org/osmo-mgw.git;protocol=git"
-PV = "1.1.0+gitr${SRCPV}"
+PV = "1.2.0+gitr${SRCPV}"
 PR = "${INC_PR}.0"