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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)
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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
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EXHIBIT INDEX
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Exhibit
Number Exhibit
<S> <C>
99. News Release Relating to Discussions with France Telecom and
Deutsche Telekom
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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.
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