Although I have no hope really I will leave this here in case someone has the ability and time to help. This is from a modem/router widely used in countries like Germany, Greece and others from Sercomm and labeled as "Speedport Plus"
There is no output from binwalk and entropy is almost 1 (which I guess shows encryption)
The *.img file has some info in header
File is located here: https://help.cosmote.gr/system/templates/selfservice/gnosisgr/files2/09022001.00.030_OTE5.img
and older version of the firmware: https://help.cosmote.gr/system/templates/selfservice/gnosisgr/files2/09022001.00.030_OTE3.img