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I just had my NBN installed today complete with the new Telstra Smart Modem, and the first thing I wanted to do was put it in Bridge Mode because I'd rather clear the way for my Netgear Orbi to distribute the Wi-Fi signal. The problem is, when I set the Smart Modem to Bridge Mode, I started getting very frequent internet disconnects that lasted like 3 minutes, then coming back for 2 minutes, then disconnecting again, over and over.
I set it to Bridge Mode through entering 192.168.0.1 in my browser, navigating to Advanced Settings > Internet > WAN Services (similar to the Telstra Gateway Max) and toggling Bridge Mode on. As soon as I do that, the frequent disconnects start.
I'm also interested in finding out how to reconnect the Telstra Modem Control panel after entering Bridge Mode. On the Telstra Gateway Max, I'd just enter 192.168.100.1 in my browser, and the control panel would open in Bridge Mode. With the new Smart Modem, it didn't work, and I had to factory reset it to return it to non-bridge mode.