Hi,
> I would like to run the c123(s) without the LI battery with direct
> 5V power supply only. Without battery the c123 display just blinks
> and no PROMPT1 can be received.
That won't work via the power plug ... (at least with osmocom, with the default FW it may works if you have a big cap instead of the battery).
You can inject 3.7v directly at the battery pins with a big cap close to the phone and that should work fine.
Check the C118 schematics to understand why.
Cheers,
Sylvain