The thing is in bridge mode its blindly forwarding traffic between the VLAN and the LAN1 ethernet port, no other traffic can be on that port so its confusing where this is coming from. It certainly can't put anything on the PPP interface.
The HG612 LAN IP is in the 192.168 range, I can't remember specifically.
Its all very confusing. I was going to ponder if it was CG-NAT by your ISP, but I don't think that is on the 172. range. None of this should cause wireless drop outs anyway, the question would be if the PPP session is dropping.