SPRINT CORP
8-K, 1994-06-08
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
Previous: UJB FINANCIAL CORP /NJ/, 8-K, 1994-06-08
Next: XEROX CORP, SC 13D/A, 1994-06-08



<PAGE>                
		SECURITIES AND EXCHANGE COMMISSION
			Washington, D.C. 20549



				Form 8-K



			     CURRENT REPORT



		Pursuant to Section 13 or 15(d) of
	       the Securities Exchange Act of 1934



	Date of Report (Date of earliest event reported) June 7, 1994



			SPRINT CORPORATION
			__________________
	(Exact name of registrant as specified in its charter)



	Kansas          1-4721          48-0457967
	______          ______          __________
	(State of       (Commission     (IRS Employer
	Incorporation)  File Number)    Identification Number)


	2330 Shawnee Mission Parkway, Westwood, Kansas 66205
	____________________________________________________
	(Address of principal executive offices)  (Zip Code)



   Registrant's telephone number, including area code:  (913) 624-3000



	P.O. Box 11315, Kansas City, Missouri 64112
	____________________________________________
	(Mailing address of principal executive offices)

<PAGE>

Item 5.  Other Events

	On June 7, 1994, the registrant confirmed in a news release that it
is engaged in discussions concerning formation of a global partnership with
France Telecom and Deutsche Telekom.  The discussions also contemplate that 
France Telecom and Deutsche Telekom would make financial investments in the
registrant through purchases of a new class of the registrant's stock and 
would be represented on the registrant's Board of Directors.  Additional 
information concerning the discussions is contained in the news release, a
copy of which is filed as Exhibit 99 hereto and is incorporated herein by
reference.

Item 7.  Financial Statements and Exhibits.

     (c)  Exhibits

	  99.   News Release Relating to Discussions with France Telecom
		and Deutsche Telekom
	  

			SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has duly caused this report to be signed on its behalf by the 
undersigned thereunto duly authorized.

			   SPRINT CORPORATION
			   
			   
			   
			   
			   By  /s/ MICHAEL T. HYDE
			       Michael T. Hyde
			       Assistant Secretary
			       
			       
Dated:  June 7, 1994           

<PAGE>

<TABLE>

			EXHIBIT INDEX

<CAPTION>

Exhibit
Number                        Exhibit

<S>     <C>

 99.    News Release Relating to Discussions with France Telecom and
	Deutsche Telekom
 
</TABLE>


<PAGE>


							       Exhibit 99
    
    Contacts:  Susan Krause, Sprint 202-828-7410
	       Bill White, Sprint 913-624-2226
    
				       For Immediate Release
    
	       SPRINT CONFIRMS IT IS ENGAGED IN DISCUSSIONS
		  WITH FRANCE TELECOM, DEUTSCHE TELEKOM
    
	 KANSAS CITY, June 7, 1994 -- Sprint confirmed today that it 
    is engaged in discussions concerning formation of a global 
    partnership with France Telecom and Deutsche Telekom, two of the 
    world's largest telecommunications operating companies.  The 
    partnership being discussed would concentrate mainly on providing 
    seamless, global telecommunications services to business 
    customers.

	 The discussions also contemplate that FT and DT would make 
    financial investments in Sprint through purchase of a new class of 
    Sprint stock at a premium, and would be represented on the Sprint 
    board of directors.  Terms of the possible minority equity 
    purchases were not disclosed.

	 Sprint said the parties have reached concurrence on many 
    principles, but that some issues remain.  Sprint cautioned, 
    however, that there is no certainty that agreement will be reached 
    or that any transaction would be consummated.  Sprint added that 
    government approvals would be needed both in the United States and 
    Europe.  The issuance of a new class of stock would also require 
    approval by Sprint's shareholders.

	 Sprint is a diversified international telecommunications 
    company with more than $11 billion in annual revenues and the 
    United States' only nationwide all-digital, fiber-optic network.  
    Its divisions provide global long distance voice, data and video 
    products and services, local telephone services and more than 6 
    million subscriber lines in 19 states, and cellular operations 
    that serve 42 metropolitan markets and more than 50 rural service 
    areas.

				  - 30 -
    BW/BG
    060794
    
    


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission