diff --git a/openbsc/src/libbsc/bsc_init.c b/openbsc/src/libbsc/bsc_init.c
index 743f4c1..859d999 100644
--- a/openbsc/src/libbsc/bsc_init.c
+++ b/openbsc/src/libbsc/bsc_init.c
@@ -495,7 +495,11 @@
 		return rc;
 	}
 
-	rc = telnet_init(tall_bsc_ctx, bsc_gsmnet, OSMO_VTY_PORT_NITB_BSC);
+	/* start telnet after reading config for vty_get_bind_addr() */
+	LOGP(DNM, LOGL_NOTICE, "VTY at %s %d\n",
+	     vty_get_bind_addr(), OSMO_VTY_PORT_NITB_BSC);
+	rc = telnet_init_dynif(tall_bsc_ctx, bsc_gsmnet, vty_get_bind_addr(),
+			       OSMO_VTY_PORT_NITB_BSC);
 	if (rc < 0)
 		return rc;