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                                                                                                              Exhibit 12
  
                                                         GTE CORPORATION AND SUBSIDIARIES
                                            CONSOLIDATED STATEMENTS OF THE RATIO OF EARNINGS TO FIXED CHARGES
                                                               (Thousands of Dollars)
                                                                    (Unaudited)
  
  <CAPTION>
  
                                         Three Months Ended             Years Ended December 31
                                           March 31, 1998      1997         1996         1995        1994        1993
  <S>                                       <C>            <C>         <C>          <C>         <C>         <C>         
  Net earnings available for fixed charges:
     Income from continuing operations         $141,723     $2,793,566  $2,798,270   $2,537,949  $2,440,869  $  971,978
     Add (deduct) - 
        Income taxes                            137,903      1,624,000   1,613,261    1,466,426   1,532,482     567,747
        Interest expense                        326,057      1,282,579   1,146,481    1,150,625   1,139,233   1,298,234
        Capitalized interest (net of 
          amortization)                          (1,870)       (12,917)    (34,984)     (22,971)     (6,045)     (3,421)
        Preferred stock dividends of Parent        -              -           -           5,598       9,910      17,825
        Dividends on preferred securities of
           subsidiaries                          24,729        101,604     106,643       98,604      18,252      22,162
        Additional income requirement on preferred 
           dividends of subsidiaries              2,181          6,789       9,640        9,664      11,426      12,739
        Minority interests                       43,627        155,332     149,467      145,437     140,464     112,335
        Portion of rent expense representing
           interest                              39,677        132,891     130,660      128,034     139,715     153,058
                                                714,027      6,083,844   5,919,438    5,519,366   5,426,306   3,152,657
     Deduct - Minority interests                (70,822)      (280,206)   (263,122)    (246,678)   (242,937)   (236,944)
                Adjusted earnings available
                    for fixed charges from
                    continuing operations      $643,205     $5,803,638  $5,656,316   $5,272,688  $5,183,369  $2,915,713
  
  Fixed Charges:
     Interest charges                          $326,057     $1,282,579  $1,146,481   $1,150,625  $1,139,233  $1,298,234
     Dividends on preferred securities
        of subsidiaries                          24,729        101,604     106,643       98,604      18,252      22,162
     Additional income requirement on preferred
        dividends of subsidiaries                 2,181          6,789       9,640        9,664      11,426      12,739
     Portion of rent expense representing
            interest                             39,677        132,891     130,660      128,034     139,715     153,058
                                                392,644      1,523,863   1,393,424    1,386,927   1,308,626   1,486,193
     Deduct - Minority interests                (13,868)       (66,291)    (68,166)     (70,052)    (68,096)    (78,421)
             Adjusted fixed charges            $378,776     $1,457,572  $1,325,258   $1,316,875  $1,240,530  $1,407,772
  
  Ratio of Earnings to Fixed Charges - continuing
     operations                                    1.70 (a)       3.98        4.27         4.00        4.18        2.07
  
  (a) Excluding special charges, GTE's ratio of earnings to fixed charges for the three months ended March 31, 1998 would 
  have been 3.70.
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