AT+WOPEN puts the module in either modem (0) or ip(1) mode.  
Modem will power up with last +WOPEN setting issued.
Autobaud doesn't work, default is 115200.

The following updated procedure must be followed:

MT5692SMI-IP upload instructions:

Using ASCII upload with the serial port configured at 

115200 baud
8      databits
None   parity
1      stopbits
Hardware flowcontrol

<CR> is carriage return (0x0D)

issue  : AT**<CR>
waitfor: Download Initiated ..


use the 'send file' option in your terminal to upload : AT91HAR_F2101L.S37
waitfor: Device successfully programmed

Issue  : ATI<CR>
waitfor: MT5692SMI-IP 

Issue: ATI4<CR>
Waitfor: MT5692SMI<CR>101L<CR>

Issue: AT+GCI=B5<CR>
Waitfor: B5

Issue: AT+WOPEN=1<CR>
Waitfor: OK

Issue: AT#DELFLASH<CR>
Waitfor: OK

Issue: AT&F&W&W1Z<CR>
Waitfor: OK