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, 1997
                               ------------------------------------


                                  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 165000, Altamonte Springs, Florida  32716-5000
                (Address of principal executive offices)

                           (407)889-6016
        (Registrant's telephone number, including area code)


--------------------------------------------------------------------------------
       (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 are 6,500,000 common shares outstanding at September 30, 1997.

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                                                    SPRINT-FLORIDA, INCORPORATED
                                          FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 1997

                                                               INDEX




Part I - Financial Information                                                                          Page Number
                                                                                                        -----------

         Item 1.  Financial Statements

<S>                                                                                                        <C>
                  Consolidated Balance Sheets                                                              1

                  Consolidated Statements of Income                                                        3

                  Consolidated Statements of Retained Earnings                                             3

                  Consolidated Statements of Cash Flows                                                    4

                  Condensed Notes to Consolidated Financial Statements                                     5

         Item 2.  Management's Discussion and Analysis of Results of Operations                            6


Part II - Other Information

         Item 1.  Legal Proceedings                                                                        8

         Item 2.  Changes in Securities                                                                    8

         Item 3.  Defaults Upon Senior Securities                                                          8

         Item 4.  Submission of Matters to a Vote of Security Holders                                      8

         Item 5.  Other Information                                                                        8

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


Signatures                                                                                                 9
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                                                                                                            Item 1.
                                                                                                            PART I.


                                                    SPRINT-FLORIDA, INCORPORATED
                                                    CONSOLIDATED BALANCE SHEETS
                                                          (in thousands)

                                                                              September 30,         December 31,
                                                                                   1997                 1996
-------------------------------------------------------------------------------------------------------------------
                                                                               (unaudited)
Assets
   Current assets
<S>                                                                        <C>                  <C>            
     Cash                                                                  $         2,048      $       185,938
     Accounts receivable
       Customers and other, net of allowance for doubtful accounts of
         $4,873 and $5,370                                                         151,352              125,384
       Interexchange carriers                                                       53,570               59,432
       Affiliated companies                                                         16,338               12,907
     Inventories                                                                    24,965               26,879
     Prepaid expenses and other                                                      7,067                8,171
-------------------------------------------------------------------------------------------------------------------
     Total current assets                                                          255,340              418,711

   Property, plant and equipment                                                 3,573,070            3,411,797
     Less accumulated depreciation                                               1,996,049            1,879,235
-------------------------------------------------------------------------------------------------------------------
                                                                                 1,577,021            1,532,562

   Deferred charges and other assets                                                58,000               49,411
-------------------------------------------------------------------------------------------------------------------

                                                                           $     1,890,361      $     2,000,684
                                                                         ------------------------------------------

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


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<TABLE>
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                                                                                                            PART I.
                                                                                                            Item 1.


                                                    SPRINT-FLORIDA, INCORPORATED
                                                    CONSOLIDATED BALANCE SHEETS
                                               (in thousands, except per share data)

                                                                              September 30,         December 31,
                                                                                   1997                 1996
-------------------------------------------------------------------------------------------------------------------
                                                                               (unaudited)

Liabilities and shareholder's equity
   Current liabilities
<S>                                                                        <C>                  <C>             
     Outstanding checks in excess of cash balances                         $        14,116      $         13,317
     Advances from parent company                                                  167,534               134,900
     Current maturities of long-term debt                                              513                 1,916
     Accounts payable
       Vendors and other                                                            34,912                23,746
       Interexchange carriers                                                       30,080                32,017
       Affiliated companies                                                         24,946               202,425
     Accrued taxes                                                                  26,589                15,178
     Advance billings and customer deposits                                         31,178                28,802
     Other                                                                          53,645                52,241
-------------------------------------------------------------------------------------------------------------------
     Total current liabilities                                                     383,513               504,542

   Long-term debt                                                                  454,947               455,108

   Deferred credits and other liabilities
     Deferred income taxes and investment tax credits                              149,091               152,184
     Postretirement and other benefit obligations                                   80,894                71,822
     Other                                                                           9,308                15,990
-------------------------------------------------------------------------------------------------------------------
                                                                                   239,293               239,996

   Shareholder's equity
     Common stock, par value $2.50 per share, authorized - 16,000
       shares, issued and outstanding - 6,500 shares                                16,250                16,250
     Capital in excess of par value                                                229,298               229,298
     Retained earnings                                                             567,060               555,490
-------------------------------------------------------------------------------------------------------------------
                                                                                   812,608               801,038
-------------------------------------------------------------------------------------------------------------------

                                                                           $     1,890,361      $      2,000,684
                                                                         ------------------------------------------

                       See accompanying Condensed Notes to Consolidated Financial Statements
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                                                                                                            PART I.
                                                                                                            Item 1.


                                                    SPRINT-FLORIDA, INCORPORATED
                                           CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
                                                          (in thousands)

                                                       Quarter Ended                      Year to Date
                                                       September 30,                      September 30,
                                             ---------------------------------------------------------------------
                                                     1997             1996              1997             1996
------------------------------------------------------------------------------------------------------------------

Net operating revenues
<S>                                           <C>              <C>               <C>              <C>          
   Local service                              $    139,721     $     126,887     $    411,267     $     373,824
   Network access                                  115,875           116,143          370,632           353,326
   Toll service                                      9,588            18,642           32,154            61,062
   Telecommunications equipment                     19,158            15,591           45,358            37,375
   Other                                            19,144            28,138           78,720            90,217
------------------------------------------------------------------------------------------------------------------
Total net operating revenues                       303,486           305,401          938,131           915,804
------------------------------------------------------------------------------------------------------------------

Operating expenses
   Plant operations                                 82,322            78,555          232,825           231,003
   Depreciation and amortization                    61,568            58,082          183,221           176,954
   Customer operations                              43,914            41,225          128,813           123,561
   Corporate operations                             26,452            27,696           76,626            82,822
   Cost of telecommunications equipment
                                                    13,879            11,590           32,025            26,560
   Other                                            11,391             7,426           27,839            22,969
------------------------------------------------------------------------------------------------------------------
Total operating expenses                           239,526           224,574          681,349           663,869
------------------------------------------------------------------------------------------------------------------

Operating income                                    63,960            80,827          256,782           251,935

Interest expense                                   (11,154)          (11,489)         (32,201)          (34,184)
Other expense, net                                    (260)             (431)            (684)             (791)
------------------------------------------------------------------------------------------------------------------

Income before income taxes                          52,546            68,907          223,897           216,960
Income taxes                                       (19,603)          (26,237)         (85,252)          (82,275)
------------------------------------------------------------------------------------------------------------------

Net income                                    $     32,943     $      42,670     $    138,645     $     134,685
------------------------------------------------------------------------------------------------------------------

                                      CONSOLIDATED STATEMENTS OF RETAINED EARNINGS (UNAUDITED)
                                                         (in thousands)

                                                                                          Year to Date
                                                                                          September 30,
                                                                                ----------------------------------
                                                                                        1997             1996
------------------------------------------------------------------------------------------------------------------

Retained earnings at beginning of period                                        $       555,490   $     492,766

Net Income                                                                              138,645         134,685
------------------------------------------------------------------------------------------------------------------
                                                                                        694,135         627,451

Dividends declared                                                                     (127,075)        (86,000)
------------------------------------------------------------------------------------------------------------------

Retained earnings at end of period                                              $       567,060   $     541,451
------------------------------------------------------------------------------------------------------------------

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


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                                                                                                            PART I.
                                                                                                            Item 1.


                                                    SPRINT-FLORIDA, INCORPORATED
                                          CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
                                                           (in thousands)

                                                                                           Year to Date
                                                                                          September 30,
                                                                                -----------------------------------
                                                                                        1997             1996
-------------------------------------------------------------------------------------------------------------------

Operating activities
<S>                                                                               <C>              <C>          
Net income                                                                        $     138,645    $     134,685
Adjustments to reconcile net income to net cash provided
   by operating activities:
     Depreciation and amortization                                                      183,221          176,954
     Deferred income taxes and investment tax credits                                      (218)           6,785
     Changes in assets and liabilities:
       Accounts receivable, net                                                         (23,537)         (14,108)
       Inventories and prepaid expenses                                                   2,505            1,447
       Accounts payable, accrued expenses and other current liabilities                  22,740          (17,999)
       Other assets and liabilities, net                                                 (5,833)           9,518
-------------------------------------------------------------------------------------------------------------------
Net cash provided by operating activities                                               317,523          297,282
-------------------------------------------------------------------------------------------------------------------

Investing activities
Capital expenditures                                                                   (223,962)        (224,350)
Other, net                                                                               (6,446)          (1,839)
-------------------------------------------------------------------------------------------------------------------
Net cash used by investing activities                                                  (230,408)        (226,189)
-------------------------------------------------------------------------------------------------------------------

Financing activities
Increase in advances from parent company                                                 32,634           43,879
Repurchase of accounts receivable                                                      (175,000)             -
Payments on long-term debt                                                               (1,564)         (29,691)
Dividends paid                                                                         (127,075)         (86,000)
-------------------------------------------------------------------------------------------------------------------
Net cash used by financing activities                                                  (271,005)         (71,812)
-------------------------------------------------------------------------------------------------------------------

Decrease in cash                                                                       (183,890)            (719)

Cash at beginning of period                                                             185,938           11,473
-------------------------------------------------------------------------------------------------------------------

Cash at end of period                                                             $       2,048    $      10,754
                                                                                -----------------------------------


Supplemental cash flow information
Cash paid for interest (excluding amounts capitalized)                            $      36,640    $      40,181
                                                                                -----------------------------------
Cash paid for income taxes                                                        $      97,576    $      81,818
                                                                                -----------------------------------

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


<PAGE>


                                                                         PART I.
                                                                         Item 1.


                          SPRINT-FLORIDA, INCORPORATED
        CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
                          September 30, 1997 and 1996

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

Certain information and footnote  disclosures  normally included in consolidated
financial   statements  prepared  according  to  generally  accepted  accounting
principles (GAAP) have been condensed or omitted.  These consolidated  financial
statements  should be read in connection with the  Sprint-Florida,  Incorporated
1996 annual  report on Form 10-K.  Operating  results for the 1997  year-to-date
period are not  necessarily  indicative  of the  operating  results  that may be
expected for the year ending December 31, 1997.

1.  Basis of Consolidation

The consolidated  financial  statements  include the accounts of Sprint-Florida,
Incorporated and its wholly-owned subsidiaries (Sprint-Florida). 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 is not required.

The  consolidated  financial  statements  are prepared  according to GAAP.  GAAP
requires  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.

In December 1996, Central Telephone Company of Florida, which was, indirectly, a
wholly-owned  subsidiary of Sprint,  merged into  Sprint-Florida.  Certain prior
year  amounts  have been  restated to reflect  the new  reporting  entity.  As a
result,  net income  increased $7 and $21 million for the 1996 third quarter and
year-to-date periods, respectively.

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 1997, Sprint-Florida repurchased $175 million of accounts receivable,
which were sold  without  recourse in December  1996 to an  affiliated  company.
Sprint-Florida retained all ownership, management and control of the receivables
prior  to the  repurchase.  As a  result,  the  transaction  was  recorded  as a
borrowing in the 1996 year-end financial statements.




<PAGE>


                                                                         PART I.
                                                                         Item 2.

                         SPRINT-FLORIDA, INCORPORATED
        MANAGEMENT'S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS


General

Sprint-Florida,  Incorporated and its wholly-owned subsidiaries (Sprint-Florida)
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  assured.  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 and its competitors by the
    Federal Communications Commission (FCC) and the Florida Public Service
    Commission under the Telecommunications Act of 1996 (Telecom Act);

  - unexpected results of litigation filed against Sprint-Florida; 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.

In December 1996 Central Telephone Company of Florida, which was, indirectly,  a
wholly-owned   subsidiary   of  Sprint   Corporation   (Sprint),   merged   into
Sprint-Florida.  As a  result,  prior  period  financial  information  has  been
restated to reflect the new reporting entity.

Regulatory Developments

In accordance  with the Telecom Act, the FCC adopted  detailed  rules in 1996 to
govern interconnection to incumbent local networks by new market entrants.  Some
local  exchange  carriers  (LECs) and state public  utility  commissions  (PUCs)
appealed these rules to the U.S. Court of Appeals,  which  prevented most of the
pricing rules from taking effect, pending a full review by the court.

In July 1997, the court struck down the FCC's pricing  rules.  It ruled that the
Telecom Act left  jurisdiction  over pricing matters to the PUCs. The court also
struck down certain other FCC rules on  jurisdictional  or substantive  grounds.
The court's decision adds to the uncertainty,  delay and complexity  surrounding
local  competition.  The FCC plans to appeal the  decision  to the U.S.  Supreme
Court.

In May 1997,  the FCC issued  important  decisions on the structure and level of
access charges and universal  service.  These decisions will impact the industry
in several ways, including the following:

  - an  additional subsidy was created to support telecommunications
    services for schools, libraries and rural health care providers.  Funding 
    for this program, which is estimated to cost $2.7 billion per year, 
    will be assessed against all carriers providing telecommunications 
    services. However, it is expected that LECs will be able to  pass  their  
    portion  of  these  costs  on to  long  distance carriers;

  - interstate  access rates charged by LECs will decline by an estimated
    $1.4 billion per year beginning July 1997;

  - certain monthly flat-rate charges paid by some local telephone customers 
    will increase beginning in 1998;



<PAGE>


  - certain  per-minute access charges paid by long distance companies
    were converted to flat monthly charges based on pre-subscribed lines;
    and

  - a basis has been established for replacing  implicit access subsidies
    with an explicit interstate universal service fund beginning in 1999.


A number of LECs,  long distance  companies and others have appealed some or all
of the FCC's orders. The effective date of the orders has not been delayed,  but
the appeals are expected to take a year or more to conclude. The impact of these
FCC decisions on Sprint-Florida  is difficult to determine,  but is not expected
to be material.

Results of Operations

Year-to-date net operating revenues for 1997 increased 2% compared with the same
period a year ago. This  increase was mainly due to increased  local service and
network access revenues,  partly offset by decreases in toll service and other
revenues.

Local service revenues, derived from local exchange services,  increased 10% for
the 1997 year-to-date  period compared with the same 1996 period.  This increase
was  mainly  due to access  line  growth of 6.3%  during  the last 12 months and
extended local area calling plans.  The increase also reflects  increased demand
for  custom  calling  features,  such  as  Caller  ID,  call  waiting  and  call
forwarding,   and  increased   revenues  from   residential  and  business  wire
maintenance.

Network access revenues are derived from  interexchange  long distance carriers'
use of the local network to complete calls.  These revenues increased 5% for the
1997  year-to-date  period compared with the same 1996 period.  The increase was
mainly due to a 9% increase in interstate and intrastate calling volumes, partly
offset  by  FCC-mandated  access  rate  reductions  effective  July  1997  - see
"Regulatory Developments" for further discussion.

Toll service  revenues are mainly derived from providing long distance  services
within specified geographical areas. Year-to-date toll service revenues for 1997
decreased  47% compared with the same period a year ago. The decrease was mainly
due to reduced  revenues from reselling  interexchange  long distance  services,
which were phased out through early 1997, and extended local area calling plans.

Year-to-date  other revenues decreased 13% in 1997 compared with the same period
a year ago.  This  decrease  was mainly due to a change in transfer  pricing for
certain  transactions  between  Sprint-Florida and Sprint's directory publishing
division beginning in July 1997 to more accurately reflect market pricing.


<PAGE>


                                                                        PART II.
                                                               Other Information



Item 1.  Legal Proceedings

         There were no reportable  events during the quarter ended September 30,
         1997.


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,
         1997.


Item 6.  Exhibits and Reports on Form 8-K

         (a) The following exhibits are filed as part of this report:

              (27)   Financial Data Schedule

         (b)  Reports on Form 8-K

              No  reports  on Form 8-K  were  filed  during  the  quarter  ended
              September 30, 1997.



<PAGE>



                                                     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-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 10, 1997




<PAGE>


                                                   EXHIBIT INDEX



EXHIBIT
NUMBER

   (27)    Financial Data Schedule