diff --git a/target/linux/ramips/base-files/etc/board.d/02_network b/target/linux/ramips/base-files/etc/board.d/02_network
index 0bf1a8a3ba..73404d91b0 100755
--- a/target/linux/ramips/base-files/etc/board.d/02_network
+++ b/target/linux/ramips/base-files/etc/board.d/02_network
@@ -337,8 +337,7 @@ ramips_setup_macs()
 		wan_mac=$(macaddr_add "$lan_mac" 3)
 		;;
 	tew-692gr)
-		lan_mac=$(cat /sys/class/net/eth0/address)
-		wan_mac=$(macaddr_add "$lan_mac" 4)
+		wan_mac=$(macaddr_add "$(mtd_get_mac_binary factory 4)" 1)
 		;;
 	tiny-ac)
 		lan_mac=$(mtd_get_mac_ascii u-boot-env LAN_MAC_ADDR)
diff --git a/target/linux/ramips/dts/TEW-692GR.dts b/target/linux/ramips/dts/TEW-692GR.dts
index 5bba8a50b8..1a56710e52 100644
--- a/target/linux/ramips/dts/TEW-692GR.dts
+++ b/target/linux/ramips/dts/TEW-692GR.dts
@@ -86,7 +86,7 @@
 
 &ethernet {
 	status = "okay";
-	mtd-mac-address = <&factory 0x28>;
+	mtd-mac-address = <&factory 0x4>;
 
 	port@0 {
 		phy-handle = <&phy0>;
@@ -98,6 +98,19 @@
 
 		phy0: ethernet-phy@0 {
 			reg = <0>;
+			phy-mode = "rgmii";
+
+			qca,ar8327-initvals = <
+				0x04 0x07600000 /* PORT0 PAD MODE CTRL */
+				0x0c 0x07600000 /* PORT6 PAD MODE CTRL */
+				0x10 0x40000000 /* Power-on Strapping: 176-pin interface configuration */
+				0x50 0xc437c437 /* LED Control Register 0 */
+				0x54 0xc337c337 /* LED Control Register 1 */
+				0x58 0x00000000 /* LED Control Register 2 */
+				0x5c 0x03ffff00 /* LED Control Register 3 */
+				0x7c 0x0000007e /* PORT0_STATUS */
+				0x94 0x0000007e /* PORT6 STATUS */
+			>;
 		};
 	};
 };
@@ -117,10 +130,18 @@
 	host-bridge {
 		pci-bridge@1 {
 			status = "okay";
+
+			wmac@0,0 {
+				compatible = "ralink,rt2880-pci", "pciclass060400", "pciclass0604";
+				reg = < 0x10000 0 0 0 0 >;
+				ralink,2ghz = <0>;
+			};
 		};
 	};
 };
 
 &wmac {
+	status = "okay";
+	ralink,mtd-eeprom = <&factory 0x0>;
 	ralink,5ghz = <0>;
 };