This modem is also sold as a MegaFon M150-2 USB dongle
Install the needed packages via opkg tool
opkg update
opkg install kmod-usb-net-cdc-ether
opkg install usb-modeswitch
- install software
 - reboot router
 - connect device
 - create a new network named lte
 - select the eth device of the dongle ( e.g eth1)
 - assign the network to firewall zone wan
 

it looks like the modem is not detected correctly and is reenumerated in 5 second intervalls. it there enougth power? maybe try a different cable or power plug. or a powered hub.