UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 10-Q

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended                   September 30, 1998
                               ------------------------------------


                                       OR

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

For the transition period from                         to

Commission file number                0-1244

                       SPRINT-FLORIDA, INCORPORATED
             (Exact name of registrant as specified in its charter)

         FLORIDA                                           59-0248365
 (State or other jurisdiction of                        (I.R.S. Employer 
  incorporation or organization                         Identification No.)

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

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

           P.O. Box 165000, Altamonte Springs, Florida 32716-5000
--------------------------------------------------------------------------------
     (Former name,former address and former fiscal year,if changed 
                            since last report)

     This registrant meets the conditions of General Instruction H(1)(a) and (b)
of Form 10-Q and is  therefore  filing  this Form  with the  reduced  disclosure
format.

     Indicate  by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934 during the  preceding  12 months,  and (2) has been  subject to such filing
requirements for the past 90 days.

Yes    X        No

There are no equity securities held by non-affiliates.

There were 6,500,000 common shares outstanding at September 30, 1998.

<PAGE>




                                                        

                          SPRINT-FLORIDA, INCORPORATED
               FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 1998

                                      INDEX


<TABLE>
<CAPTION>


Part I - Financial Information                                                                         Page

         Item 1.  Financial Statements

<S>                                                                                                       <C>
                  Consolidated Balance Sheets                                                              1

                  Consolidated Statements of Income and Retained Earnings                                  2

                  Consolidated Statements of Cash Flows                                                    3

                  Condensed Notes to Consolidated Financial Statements                                     4

         Item 2.  Management's Discussion and Analysis of Results of Operations                            5

         Item 3.  Quantitative and Qualitative Disclosures About Market Risk                               8

Part II - Other Information

         Item 1.  Legal Proceedings                                                                        9

         Item 2.  Changes in Securities                                                                    9

         Item 3.  Defaults Upon Senior Securities                                                          9

         Item 4.  Submission of Matters to a Vote of Security Holders                                      9

         Item 5.  Other Information                                                                        9

         Item 6.  Exhibits and Reports on Form 8-K                                                         9


Signatures                                                                                                10

Exhibits
</TABLE>



<PAGE>


<TABLE>
<CAPTION>



                                                                                                            Item 1.
                                                                                                            PART I.

CONSOLIDATED BALANCE SHEETS                                                           Sprint-Florida, Incorporated
(in thousands, except per share data)
-------------------------------------------------------------------------------------------------------------------
                                                                              September 30,         December 31,
                                                                                   1998                 1997
-------------------------------------------------------------------------------------------------------------------
                                                                                 (unaudited)

Assets
   Current assets
<S>                                                                        <C>                  <C>             
     Cash                                                                  $            447     $         25,470
     Accounts receivable
       Customers and other, net of allowance for doubtful accounts of
         $4,375 and $5,515                                                          149,272              149,317
       Interexchange carriers                                                        56,995               58,074
       Affiliated companies                                                          11,980               10,041
     Inventories                                                                     24,424               25,114
     Other                                                                               98                7,802
-------------------------------------------------------------------------------------------------------------------
     Total current assets                                                           243,216              275,818
-------------------------------------------------------------------------------------------------------------------

   Property, plant and equipment                                                  3,817,038            3,632,432
   Less accumulated depreciation                                                  2,134,760            2,028,184
-------------------------------------------------------------------------------------------------------------------
   Net property, plant and equipment                                              1,682,278            1,604,248
-------------------------------------------------------------------------------------------------------------------
   Deferred charges and other assets                                                 84,620               59,203
-------------------------------------------------------------------------------------------------------------------
Total                                                                      $      2,010,114     $      1,939,269
                                                                         ------------------------------------------

Liabilities and Shareholder's Equity
   Current liabilities
     Outstanding checks in excess of cash balances                         $          2,032     $         10,801
     Advances from parent                                                           304,323               38,999
     Current maturities of long-term debt                                               200                  304
     Accounts payable
       Vendors and other                                                             55,513               43,687
       Interexchange carriers                                                        29,795               26,663
       Affiliated companies                                                          42,398              220,354
     Advance billings                                                                29,824               26,636
     Other                                                                           66,401               61,289
-------------------------------------------------------------------------------------------------------------------
     Total current liabilities                                                      530,486              428,733
-------------------------------------------------------------------------------------------------------------------
   Long-term debt                                                                   340,533              455,011
-------------------------------------------------------------------------------------------------------------------
   Deferred credits and other liabilities
     Deferred income taxes and investment tax credits                               158,185              152,120
     Postretirement and other benefit obligations                                   107,723               83,332
     Other                                                                           12,599                9,252
-------------------------------------------------------------------------------------------------------------------
     Total deferred credits and other liabilities                                   278,507              244,704
-------------------------------------------------------------------------------------------------------------------
   Shareholder's equity
     Common stock, par value $2.50 per share, 16,000 shares authorized,
       6,500 shares issued and outstanding                                           16,250               16,250
     Capital in excess of par value                                                 229,298              229,298
     Retained earnings                                                              615,040              565,273
-------------------------------------------------------------------------------------------------------------------
   Total shareholder's equity                                                       860,588              810,821
-------------------------------------------------------------------------------------------------------------------
Total                                                                      $      2,010,114     $      1,939,269
                                                                         ------------------------------------------



                      See accompanying Condensed Notes to Consolidated Financial Statements.

</TABLE>

<PAGE>


<TABLE>
<CAPTION>

                                                                                                            PART I.
                                                                                                            Item 1.

CONSOLIDATED STATEMENTS OF INCOME AND RETAINED EARNINGS                              Sprint-Florida, Incorporated
(Unaudited)
(in thousands)
-------------------------------------------- --- ------------- -- ------------- --- ------------- -- -------------
                                                       Quarter Ended                      Year-to-Date
                                                       September 30,                      September 30,
                                             ---------------------------------- ----------------------------------
                                                     1998             1997              1998             1997
-------------------------------------------- --- ------------- -- ------------- --- ------------- -- -------------
<S>                                           <C>              <C>                <C>             <C>

Net Operating Revenues                        $    323,672     $     300,692      $    967,706    $     940,492

Operating Expenses
   Costs of services and products                  110,921           113,238           318,743          312,306
   Selling, general and administrative              64,167            61,926           187,555          179,242
   Depreciation and amortization                    60,303            61,568           177,437          183,221
-------------------------------------------- --- ------------- -- ------------- --- ------------- -- -------------

   Total operating expenses                        235,391           236,732           683,735          674,769
-------------------------------------------- --- ------------- -- ------------- --- ------------- -- -------------

Operating Income                                    88,281            63,960           283,971          265,723

Interest expense                                    (9,751)          (11,154)          (32,141)         (32,201)
Other expense, net                                  (1,033)             (260)           (3,111)            (684)
-------------------------------------------- --- ------------- -- ------------- --- ------------- -- -------------
Income before income taxes and
   extraordinary item                               77,497            52,546           248,719          232,838
Income taxes                                       (29,637)          (19,603)          (95,467)         (94,193)
-------------------------------------------- --- ------------- -- ------------- --- ------------- -- -------------

Income before extraordinary item                    47,860            32,943           153,252          138,645
Extraordinary item, net                               -                 -               (4,437)            -
-------------------------------------------- --- ------------- -- ------------- --- ------------- -- -------------

Net Income                                    $     47,860     $      32,943           148,815          138,645
                                             --- ------------- -- -------------


Retained Earnings at Beginning of Period                                               565,273          555,490

Dividends declared                                                                     (99,048)        (127,075)
-------------------------------------------- --- ------------- -- ------------- --- ------------- -- -------------

Retained Earnings at End of Period                                               $     615,040    $     567,060
                                                                                --- ------------- -- -------------


















                      See accompanying Condensed Notes to Consolidated Financial Statements.
</TABLE>


<PAGE>

<TABLE>
<CAPTION>

                                                                                                            PART I.
                                                                                                            Item 1.

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)                                     Sprint-Florida, Incorporated
(in thousands)
-------------------------------------------------------------------------------------------------------------------
Year-to-date September 30,                                                              1998             1997
-------------------------------------------------------------------------------------------------------------------

Operating Activities
<S>                                                                               <C>              <C>          
Net income                                                                        $     148,815    $     138,645
Adjustments to reconcile net income to net cash provided
   by operating activities:
     Depreciation and amortization                                                      177,437          183,221
     Deferred income taxes and investment tax credits                                    12,837             (218)
     Extraordinary item, net                                                             (1,664)            -
     Changes in assets and liabilities:
       Receivables, net                                                                    (815)         (22,829)
       Inventories and other current assets                                               2,284            1,797
       Accounts payable, accrued expenses and other current liabilities                  28,075           22,740
       Other assets and liabilities, net                                                  2,199          (10,125)
-------------------------------------------------------------------------------------------------------------------
Net cash provided by operating activities                                               369,168          313,231
-------------------------------------------------------------------------------------------------------------------

Investing Activities
Capital expenditures                                                                   (254,482)        (223,962)
Other, net                                                                                 (985)          (3,718)
-------------------------------------------------------------------------------------------------------------------
Net cash used by investing activities                                                  (255,467)        (227,680)
-------------------------------------------------------------------------------------------------------------------

Financing Activities
Increase in advances from parent                                                        265,324           32,634
Sales of receivables                                                                   (190,000)        (175,000)
Payments on long-term debt                                                             (115,000)            -
Dividends paid                                                                          (99,048)        (127,075)
-------------------------------------------------------------------------------------------------------------------
Net cash used by financing activities                                                  (138,724)        (269,441)
-------------------------------------------------------------------------------------------------------------------

Decrease in Cash and Equivalents                                                        (25,023)        (183,890)

Cash and Equivalents at Beginning of Period                                              25,470          185,938
-------------------------------------------------------------------------------------------------------------------

Cash and Equivalents at End of Period                                             $         447    $       2,048
                                                                                -----------------------------------


Supplemental Cash Flow Information
Cash paid for interest, net of amounts capitalized                                $      37,497    $      36,640
                                                                                -----------------------------------
Cash paid for income taxes                                                        $      78,468    $      97,576
                                                                                -----------------------------------










                      See accompanying Condensed Notes to Consolidated Financial Statements.
</TABLE>


<PAGE>


                                                                       PART I.
                                                                       Item 1.

CONDENSED NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS (Unaudited)                    Sprint-Florida, Incorporated






The information in this Form 10-Q has been prepared  according to Securities and
Exchange  Commission  rules and  regulations.  In our opinion,  the consolidated
interim financial statements reflect all adjustments  (consisting only of normal
recurring  accruals)  needed to fairly  present  Sprint-Florida,  Incorporated's
consolidated financial position, results of operations and cash flows.

Certain information and footnote  disclosures  normally included in consolidated
financial   statements  prepared  according  to  generally  accepted  accounting
principles (GAAP) have been condensed or omitted.  As a result,  you should read
these financial statements along with Sprint-Florida, Incorporated's 1997 Annual
Report on Form 10-K.  Operating results for the 1998 year-to-date  period do not
necessarily  represent  the  results  that may be  expected  for the year ending
December 31, 1998.

--------------------------------------------------------------------------------
1.  Basis of Consolidation
--------------------------------------------------------------------------------

The consolidated  financial  statements  include the accounts of Sprint-Florida,
Incorporated  and its  wholly-owned  subsidiary.  All  significant  intercompany
transactions have been eliminated. Sprint-Florida is, indirectly, a wholly-owned
subsidiary of Sprint  Corporation;  as a result,  earnings per share information
has been omitted.

The  consolidated  financial  statements  are  prepared  based  on  GAAP.  These
principles  require management to make estimates and assumptions that affect the
reported amounts of assets and liabilities,  the disclosure of contingent assets
and  liabilities,  and the  reported  amounts of revenues and  expenses.  Actual
results could differ from those estimates.

Certain   prior-year   amounts  have  been   reclassified   to  conform  to  the
current-period  presentation.  These  reclassifications  had  no  effect  on the
results of operations or shareholder's equity as previously reported.


--------------------------------------------------------------------------------
2.  Repurchase of Accounts Receivable
--------------------------------------------------------------------------------

In January 1998, Sprint-Florida  repurchased $190 million of accounts receivable
sold to an affiliate in December 1997. As a result,  the transaction was treated
as a borrowing in the 1997 year-end financial statements.


<PAGE>






                                                                        PART I
                                                                        Item 2.

MANAGEMENT'S DISCUSSION AND ANALYSIS
OF RESULTS OF OPERATIONS                          Sprint-Florida, Incorporated

--------------------------------------------------------------------------------
General
--------------------------------------------------------------------------------
Sprint-Florida, Incorporated, with its wholly-owned subsidiary, includes certain
estimates,  projections and other forward-looking  statements in its reports, in
presentations to analysts and others, and in other publicly available  material.
Future performance cannot be ensured.  Actual results may differ materially from
those in the forward-looking statements. Factors that could cause actual results
to  differ   materially   from  estimates  or   projections   contained  in  the
forward-looking statements include:

        - the  effects  of  vigorous   competition  in  the  markets  in  which
          Sprint-Florida  operates;
        - the impact of any unusual items  resulting from ongoing evaluations of
          Sprint-Florida's business strategies;
        - requirements  imposed  on  Sprint-Florida  or  latitude  allowed  its
          competitors  by the  Federal  Communications  Commission  (FCC) or the
          Florida Public Service Commission under the  Telecommunications Act of
          1996 (Telecom Act);
        - unexpected results of litigation filed against Sprint-Florida;
        - the impact of the Year 2000 issue and any related noncompliance; and
        - the possibility of one or more of the markets in which Sprint-Florida
          competes  being  impacted by changes in  political,  economic or other
          factors such as legal and regulatory changes or other external factors
          over which Sprint-Florida has no control.


The words  "estimate",  "project",  "intend",  "expect",  "believe"  and similar
expressions  are  intended  to  identify   forward-looking   statements.   These
forward-looking  statements are found at various places throughout  Management's
Discussion  and  Analysis of Results of  Operations.  You should not place undue
reliance on these forward-looking statements, which speak only as of the date of
this document.  Sprint-Florida  undertakes no obligation to publicly release any
revisions to these forward-looking statements to reflect events or circumstances
after the date of this document or to reflect the  occurrence  of  unanticipated
events. Moreover, we may from time to time make forward-looking statements about
the  matters   described   in  this   document  or  other   matters   concerning
Sprint-Florida.

--------------------------------------------------------------------------------
Regulatory Developments
--------------------------------------------------------------------------------

In September  1998,  the U.S. Court of Appeals voted to uphold the provisions of
the Telecom Act  line-of-business  restrictions  on the Regional Bell  Operating
Companies (RBOCs).  Previously, a federal district court in Wichita Fall, Texas,
ruled that these  restrictions  unlawfully singled out the RBOCs for punishment.
Certain  of the RBOCs have filed a  petition  asking the U.S.  Supreme  Court to
consider whether the restrictions violate the U.S. Constitution.


<PAGE>



<TABLE>
<CAPTION>

-------------------------------------------------------------------------------------------------------------------
Results of Operations
-------------------------------------------------------------------------------------------------------------------

                                                                  Selected Operating Results
                                             ---------------------------------------------------------------------
                                                       Year-to-Date
                                                       September 30,                          Variance
                                             ----------------------------------     ------------------------------
                                                     1998             1997               $               %
-------------------------------------------- --- ------------- -- ------------- --- ------------- ----------------
                                                                        (in thousands)
Net Operating Revenues
<S>                                          <C>               <C>              <C>                    <C> 
    Local service                            $       451,573   $     411,267    $       40,306           9.8%
    Network access                                   379,362         370,632             8,730           2.4%
    Toll service                                      22,450          32,154            (9,704)        (30.2)%
    Other                                            114,321         126,439           (12,118)         (9.6)%
-------------------------------------------- --- ------------- -- ------------- --- -------------
Net operating revenues                               967,706         940,492            27,214           2.9%
-------------------------------------------- --- ------------- -- ------------- --- -------------

Operating Expenses
    Costs of services and products                   318,743         312,306             6,437           2.1%
    Selling, general and administrative              187,555         179,242             8,313           4.6%
    Depreciation and amortization                    177,437         183,221            (5,784)         (3.2)%
-------------------------------------------- --- ------------- -- ------------- --- -------------
Total operating expenses                             683,735         674,769             8,966           1.3%
-------------------------------------------- --- ------------- -- ------------- --- -------------

Operating Income                             $       283,971   $     265,723    $       18,248           6.9%
                                             --- ------------- -- ------------- --- -------------

Operating Margin                                      29.3%           28.3%
                                             --- ------------- -- -------------


</TABLE>




Net Operating Revenues

Net operating  revenues  increased 3% in the 1998  year-to-date  period from the
same 1997 period.  This increase mainly reflects  customer access line growth of
6.4% during the past 12 months,  offset by  decreases  in toll service and other
revenues.

Local service revenues,  derived from local exchange services,  increased 10% in
the 1998 year-to-date  period from the same 1997 period.  Local service revenues
increased  because of access line growth and continued demand for  network-based
services.  This increase also reflects  increased sales of private line services
and maintenance of customer wiring and equipment.

Network   access   revenues,   derived  from  long  distance   companies   using
Sprint-Florida's  local  network to complete  calls,  increased  2% for the 1998
year-to-date  period  from the same 1997  period.  These  revenues  reflect a 9%
increase  in  minutes  of  use,  partly  offset  by  FCC-mandated   access  rate
reductions. Access rate reductions impacting the periods reported took effect in
July 1997 and January and July 1998.

Toll service  revenues are mainly derived from providing long distance  services
within specified  regional calling areas that are beyond the local calling area.
These revenues decreased 30% in the 1998 year-to-date  period from the same 1997
period, reflecting extended local calling areas and increased competition in the
intrastate long distance market. These losses were, in part, offset by increases
in the local service  revenues  since local calling areas have been expanded and
by increases in network access revenues paid by competitors.

Other revenues include  telecommunications  equipment sales, directory sales and
listing services, and billing and collection services.  Other revenues decreased
10% in the 1998 year-to-date  period from the same 1997  period.  This  decrease
mainly reflects a July 1997 change in transfer pricing for certain  transactions
between   Sprint-Florida   and  Sprint's  product   distribution  and  directory
publishing division to more accurately reflect market pricing. This decrease was
partly offset by increased equipment sales.


<PAGE>




Operating Expenses

Costs of services and products  includes costs to operate and maintain the local
network and costs of equipment  sales.  These expenses  increased 2% in the 1998
year-to-date  period from the same period a year ago.  This  reflects  continued
cost control,  while still supporting  customer access line growth and increased
equipment  sales.  Costs of services and products for 1998 also  includes  costs
related to  Sprint-Florida's  efforts to achieve  Year 2000  compliance  for its
telecommunications network and operating systems. Costs of services and products
was 32.9% of net operating revenues in the 1998 year-to-date period versus 33.2%
for the same period a year ago.

Selling,  general and  administrative  (SG&A)  expense  increased 5% in the 1998
year-to-date  period from the same 1997 period.  This increase was mainly due to
increased  customer  service  costs  related to access line growth and marketing
costs to promote new products and services.  SG&A for 1998 also  includes  costs
related to Sprint-Florida's efforts to achieve Year 2000 compliance for computer
systems  and  other  items  such  as  billing,   customer  service,   and  other
administrative systems. SG&A expense was 19.4% of net operating revenues for the
1998 year-to-date period versus 19.1% for the same period a year ago.

Depreciation  and  amortization  expense  decreased 3% in the 1998  year-to-date
period from the same 1997 period.  This  decrease  reflects  lower  depreciation
rates resulting from longer asset lives, partly offset by an increase in capital
expenditures.  Depreciation and amortization  expense was 18.4% of net operating
revenues in the 1998 year-to-date period versus 19.4% for the same period a year
ago.

Extraordinary Item

In the 1998 first  quarter,  Sprint-Florida  redeemed,  prior to maturity,  $115
million  of debt with a 9.25%  interest  rate.  This  resulted  in a $4  million
after-tax loss.



--------------------------------------------------------------------------------
Year 2000 Issue
--------------------------------------------------------------------------------

The  "Year  2000"   issue   affects   Sprint   Corporation's,   which   includes
Sprint-Florida,   installed   computer  systems,   network  elements,   software
applications,  and other business systems that have time-sensitive programs that
may not properly reflect or recognize the year 2000.  Because many computers and
computer  applications define dates by the last two digits of the year, "00" may
not be  properly  identified  as the year  2000.  This  error  could  result  in
miscalculations  or system  errors.  The Year 2000  issue  may also  affect  the
systems and applications of Sprint's customers, vendors or resellers.

Sprint started a program in 1996 to identify and address the Year 2000 issue. It
has  completed an inventory and Year 2000  assessment of its principal  computer
systems,  network  elements,  software  applications and other business systems.
Sprint  expects to  substantially  complete  the  renovation  of these  computer
systems,  software  applications  and the  majority of the network  elements and
other  business  systems by year-end  1998.  Year 2000 testing  commenced in the
third  quarter of 1998 and will be completed  during 1999.  Sprint is using both
internal and external  sources to identify,  correct or reprogram,  and test its
systems for Year 2000 compliance.  Sprint is also contacting others with whom it
conducts  business to receive the  appropriate  warranties and  assurances  that
those third parties are or will be Year 2000 compliant.

Sprint expects to incur  approximately $250 million in 1998 and 1999 to complete
its Year 2000 compliance  program.  These estimates include costs for Sprint and
all of its  subsidiaries.  If  compliance  is not achieved in a timely manner by
Sprint or any significant  related third party, the Year 2000 issue could have a
material adverse effect on the operations of Sprint and its subsidiaries. Sprint
is focusing on identifying and addressing all aspects of its operations that may
be  affected  by the  Year  2000  issue  and is  addressing  the  most  critical
applications  first.  Although  Sprint  intends to develop  and,  if  necessary,
implement  appropriate  contingency plans to mitigate to the extent possible the
effects  of any  significant  Year  2000  noncompliance,  such  plans may not be
adequate and the cost of Year 2000 compliance may be higher than $250 million.




<PAGE>




                                                                         PART I
                                                                         Item 3.

QUANTITATIVE AND QUALITATIVE DISCLOSURES 
ABOUT MARKET RISK                                  Sprint-Florida, Incorporated

Omitted under the provisions of General Instruction H.


<PAGE>



                                                                        PART II.
                                                              Other Information



Item 1.  Legal Proceedings

         There were no reportable  events during the quarter ended September 30,
         1998.


Item 2.  Changes in Securities

         Omitted under the provisions of General Instruction H.


Item 3.  Defaults Upon Senior Securities

         Omitted under the provisions of General Instruction H.


Item 4.  Submission of Matters to a Vote of Security Holders

         Omitted under the provisions of General Instruction H.


Item 5.  Other Information

         There were no reportable  events during the quarter ended September 30,
         1998.


Item 6.  Exhibits and Reports on Form 8-K

         (a)  Exhibits

              (27)   Financial Data Schedule

         (b)  Reports on Form 8-K

              No  reports  on Form 8-K  were  filed  during  the  quarter  ended
              September 30, 1998.



<PAGE>



                      SIGNATURES




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-FLORIDA, INCORPORATED
                                ------------------------------------------------
                                (Registrant)



                                By /s/ John I. Lehman
                                ------------------------------------------------
                                John I. Lehman
                                Controller & Chief Accounting Officer


                                By /s/ Douglas B. Lynn
                                ------------------------------------------------
                                Douglas B. Lynn
                                Assistant Vice President



Date:    November 13, 1998




<PAGE>


                                  EXHIBIT INDEX



EXHIBIT
NUMBER

   (27)    Financial Data Schedule