diff --git a/openbsc/src/osmo-bsc_mgcp/mgcp_main.c b/openbsc/src/osmo-bsc_mgcp/mgcp_main.c
index d755c90..e226b02 100644
--- a/openbsc/src/osmo-bsc_mgcp/mgcp_main.c
+++ b/openbsc/src/osmo-bsc_mgcp/mgcp_main.c
@@ -232,7 +232,11 @@
 	if (rc < 0)
 		return rc;
 
-	rc = telnet_init(tall_bsc_ctx, &dummy_network, OSMO_VTY_PORT_BSC_MGCP);
+	/* start telnet after reading config for vty_get_bind_addr() */
+	LOGP(DMGCP, LOGL_NOTICE, "VTY at %s %d\n",
+	     vty_get_bind_addr(), OSMO_VTY_PORT_BSC_MGCP);
+	rc = telnet_init_dynif(tall_bsc_ctx, &dummy_network,
+			       vty_get_bind_addr(), OSMO_VTY_PORT_BSC_MGCP);
 	if (rc < 0)
 		return rc;