In this command there is something wrong. Im using motorola c118. 
Command : ./osmocon -m c123xor -p /dev/ttyUSB1 -s /tmp/osmocom l2 -c target/firmware/board/compal_e88/trx.highram.bin

Received PROMPT2 from phone, starting download
handle_write(): 39 bytes (39/39)
handle_write(): finished
got 1 bytes from modem, data looks like: 1b  .
got 1 bytes from modem, data looks like: f6  .
got 1 bytes from modem, data looks like: 02  .
got 1 bytes from modem, data looks like: 00  .
got 1 bytes from modem, data looks like: 41  A
got 1 bytes from modem, data looks like: 03  .
got 1 bytes from modem, data looks like: 42  B
Received DOWNLOAD ACK from phone, your code is running now!
Enabled Compal ramloader -> Calypso romloader chainloading mode
Received ident ack from phone, sending parameter sequence
opening file: No such file or directory

what was the problem ?