Yes you can control a Videohub from AHM, I have your exact scenario working with our Videohub. It’s not Telnet but a TCP command.
Within External/IP Control, select IP Control and String. The string might look like this:
VIDEO OUTPUT ROUTING:
21 8
34 3
39 3
Note there are TWO carriage returns / blank lines at the end – the BMD docs state you need one but on the AHM it won’t work unless you have two for some reason.
Set mode to TCP, put in the Videohub’s IP address and port 9990.
Hope this helps.