UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                  FORM 10-Q

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

For the fiscal year ended     March 31, 1999                        
                          ------------------------------------------------------
                                      OR

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

For the transition period from                     to                       

                                     333-06609-01
Commission file number               333-06609-02               

                              SPRINT SPECTRUM L.P.
                      SPRINT SPECTRUM FINANCE CORPORATION
              (Exact name of registrant as specified in its charter)

                         DELAWARE                         48-1165245
                         DELAWARE                         43-1746537        
              (State or other jurisdiction of           (IRS Employer
               incorporation or organization)         Identification Nos.)

          4900 Main Street, Kansas City, Missouri            64112            
         (Address of principal executive offices)         (Zip Code)

Registrant's telephone number, including area code      (816) 559-1000         
                                                     ---------------------
Securities registered pursuant to Section 12(b) and 12(g) of the Act: None

The registrants  meet the conditions set forth in General  Instruction H (1) (a)
and (b) of Form  10-Q and are  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 (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes X No______

At May 1, 1999 the Sprint  Spectrum  Finance  Corporation  had 100 common shares
outstanding.

Documents Incorporated by Reference:  None


<PAGE>
<TABLE>
<CAPTION>



Table of Contents

                                                                                                        Page
                                                                                                       Number
                                                                                                 -------------------

SPRINT SPECTRUM L.P.

Part I - Financial Information
          Item 1.  Financial Statements
                     Consolidated Statements of Operations for the quarters ended
<S>                                                                                                      <C>
                           March 31, 1999 and 1998                                                       1
                     Consolidated Balance Sheets as of March 31, 1999 and
                           December 31, 1998                                                             2
                     Consolidated Statements of Cash Flows for the quarters ended
                           March 31, 1999 and 1998                                                       3
                     Consolidated Statements of Changes in Partners' Capital for the quarter
                           ended March 31, 1999                                                          4
                     Condensed Notes to Consolidated Financial Statements                                5
          Item 2.  Management's Discussion and Analysis of Financial
                   Condition and Results of Operations                                                   6
          Item 3.  Quantitative and Qualitative Disclosures About Market Risk                            9

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

Signature                                                                                                10

SPRINT SPECTRUM FINANCE CORPORATION

Part I - Financial Information
          Item 1.  Financial Statements
                     Balance Sheets                                                                      11
                     Notes to Financial Statements                                                       11
          Item 2.  Management's Discussion and Analysis of Financial
                   Condition and Results of Operations                                                   11
          Item 3.  Quantitative and Qualitative Disclosures About Market Risk                            11

Part II - Other Information
          Item 1.  Legal Proceedings                                                                     12
          Item 2.  Changes in Securities                                                                 12
          Item 3.  Defaults Upon Senior Securities                                                       12
          Item 4.  Submission of Matters to a Vote of Security Holders                                   12
          Item 5.  Other Information                                                                     12
          Item 6.  Exhibits and Reports on Form 8-K                                                      12

Signature                                                                                                13
</TABLE>


<PAGE>
<TABLE>
<CAPTION>


                                                                   
                                                                                                            Part I.
                                                                                                            Item 1.

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)                                              Sprint Spectrum L.P.
(millions)
-------------------------------------------------------------------------------------------------------------------
Quarters Ended March 31,                                                                   1999            1998
-------------------------------------------------------------------------------------------------------------------
<S>                                                                                   <C>             <C>
Net Operating Revenues                                                                $      440.0    $      143.8
-------------------------------------------------------------------------------------------------------------------

Operating Expenses
      Costs of services and products                                                         380.6           168.9
      Selling, general and administrative                                                    282.9           224.6
      Depreciation and amortization                                                          169.4           114.6
-------------------------------------------------------------------------------------------------------------------
      Total operating expenses                                                               832.9           508.1
-------------------------------------------------------------------------------------------------------------------

Operating Loss                                                                              (392.9)         (364.3)

Interest expense                                                                            (116.9)          (77.3)
Other income, net                                                                              1.6             1.8
-------------------------------------------------------------------------------------------------------------------

Loss before Extraordinary Item                                                              (508.2)         (439.8)
Extraordinary item                                                                           (32.5)            -
-------------------------------------------------------------------------------------------------------------------

Net Loss                                                                             $      (540.7)  $      (439.8)
                                                                                     ------------------------------
</TABLE>


































      See accompanying Condensed Notes to Consolidated Financial Statements.


<PAGE>

<TABLE>
<CAPTION>



CONSOLIDATED BALANCE SHEETS                                                                    Sprint Spectrum L.P.
(millions)
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
                                                                                 March 31,        December 31,
                                                                                   1999               1998
--------------------------------------------------------------------------------------------------------------------
                                                                                (Unaudited)
    Assets
    Current assets
<S>                                                                        <C>                  <C>  
      Cash and equivalents                                                 $         41.4       $         70.4
      Accounts receivable, net of allowance for doubtful
        accounts of $20.9 and $15.8                                                 253.0                225.6
      Affiliate receivable                                                          156.9                247.8
      Inventories                                                                   120.3                 91.7
      Prepaid expenses and other assets                                              56.5                 26.9
--------------------------------------------------------------------------------------------------------------------
      Total current assets                                                          628.1                662.4

    Property, plant and equipment
      Network equipment                                                           3,204.5              2,936.9
      Buildings and leasehold improvements                                          777.2                757.6
      Construction work in progress                                                 679.1                618.6
      Other                                                                         287.2                258.8
--------------------------------------------------------------------------------------------------------------------
      Total property, plant and equipment                                         4,948.0              4,571.9
      Accumulated depreciation                                                     (921.3)              (772.2)
--------------------------------------------------------------------------------------------------------------------
      Net property, plant and equipment                                           4,026.7              3,799.7

    Intangible assets
      PCS licenses                                                                2,130.2              2,130.2
      Microwave relocation costs                                                    311.7                298.6
--------------------------------------------------------------------------------------------------------------------
      Total intangible assets                                                     2,441.9              2,428.8
      Accumulated amortization                                                     (125.3)              (110.2)
--------------------------------------------------------------------------------------------------------------------
      Net intangible assets                                                       2,316.6              2,318.6
    Other assets                                                                     61.6                 45.1
--------------------------------------------------------------------------------------------------------------------

    Total                                                                  $      7,033.0       $      6,825.8
                                                                         -------------------------------------------

Liabilities and Partners' Capital
    Current liabilities
      Current maturities of long-term debt                                 $          5.1       $          5.1
      Accounts payable                                                              440.3                351.3
      Advances from Sprint                                                        1,490.8                235.0
      Construction obligations                                                      635.4                592.7
      Accrued payroll                                                               210.1                107.2
      Accrued advertising                                                            32.2                 84.2
      Accrued interest                                                              139.8                 77.8
      Accrued expenses and other current liabilities                                277.6                186.1
--------------------------------------------------------------------------------------------------------------------
      Total current liabilities                                                   3,231.3              1,639.4
--------------------------------------------------------------------------------------------------------------------

    Long-term debt                                                                4,574.3              5,414.1

    Other noncurrent liabilities                                                     58.3                 79.9

    Partners' capital and accumulated deficit:
      Partners' capital                                                           3,707.7              3,690.3
      Accumulated deficit                                                        (4,538.6)            (3,997.9)
--------------------------------------------------------------------------------------------------------------------
      Total partners' capital and accumulated deficit                              (830.9)              (307.6)
--------------------------------------------------------------------------------------------------------------------

    Total                                                                  $      7,033.0       $      6,825.8
                                                                         -------------------------------------------
</TABLE>


     See accompanying Condensed Notes to Consolidated Financial Statements.


<PAGE>
<TABLE>
<CAPTION>



CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)                                                 Sprint Spectrum L.P.
(millions)
------------------------------------------------------------------ ----------------- ----------------- ----------------
Quarters Ended March 31,                                                                   1999             1998
------------------------------------------------------------------ ----------------- ----------------- ----------------

Operating Activities
<S>                                                                                   <C>              <C>  
Net loss                                                                              $       (540.7)  $       (439.8)
Adjustments to reconcile net loss to net cash provided (used) by
   operating activities:
     Depreciation and amortization                                                             169.4            114.6
     Extraordinary item                                                                         32.5              -
     Amortization of debt discount and issuance costs                                           14.1             13.1
     Changes in assets and liabilities:
       Receivables                                                                              63.5             63.7
       Inventories and other current assets                                                    (53.1)            (4.6)
       Accounts payable and accrued expenses                                                   336.1           (332.1)
       Other, net                                                                              (55.9)            12.3
------------------------------------------------------------------ --- ------------- --- ------------- -- -------------
Net cash used by operating activities                                                          (34.1)          (572.8)
------------------------------------------------------------------ --- ------------- --- ------------- -- -------------

Investing Activities

Capital expenditures                                                                          (381.3)          (278.0)
Microwave relocation costs                                                                     (18.4)            (7.9)
------------------------------------------------------------------ --- ------------- --- ------------- -- -------------
Net cash used by investing activities                                                         (399.7)          (285.9)
------------------------------------------------------------------ --- ------------- --- ------------- -- -------------

Financing Activities

Proceeds from long-term debt                                                                   844.0            859.0
Payments on long-term debt                                                                  (1,695.0)            (1.7)
Advances from Sprint                                                                         1,255.8              -
------------------------------------------------------------------ --- ------------- --- ------------- -- -------------
Net cash provided by financing activities                                                      404.8            857.3
------------------------------------------------------------------ --- ------------- --- ------------- -- -------------

Decrease in Cash and Equivalents                                                               (29.0)            (1.4)
Cash and Equivalents at Beginning of Period                                                     70.4             67.2
------------------------------------------------------------------ --- ------------- --- ------------- -- -------------

Cash and Equivalents at End of Period                                                 $         41.4   $         65.8
                                                                                     --- ------------- -- -------------
</TABLE>
























     See accompanying Condensed Notes to Consolidated Financial Statements.


<PAGE>
<TABLE>
<CAPTION>



CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (Unaudited)                             Sprint Spectrum L.P.
(millions)
---------------------------------------------------------------------------------------------------------------------

                                                                      Partners'        Accumulated
                                                                       Capital           Deficit           Total
---------------------------------------------------------------------------------------------------------------------
<S>                                                               <C>               <C>              <C> 
Beginning 1999 balance                                            $    3,690.3      $   (3,997.9)    $     (307.6)
Net loss                                                                   -              (540.7)          (540.7)
Other                                                                     17.4               -               17.4
---------------------------------------------------------------------------------------------------------------------

March 1999 balance                                                $    3,707.7      $   (4,538.6)    $     (830.9)
                                                                 ----------------------------------------------------
</TABLE>













































     See accompanying Condensed Notes to Consolidated Financial Statements.


<PAGE>





CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS       Sprint Spectrum L.P.
(Unaudited)



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 Spectrum L.P.'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  have been condensed or omitted.  As a result,  you should read these
financial  statements  along with Sprint  Spectrum's  1998 Form 10-K.  Operating
results  for the 1999  year-to-date  period  do not  necessarily  represent  the
results that may be expected for the year ending December 31, 1999.

--------------------------------------------------------------------------------
1.  PCS Restructuring
--------------------------------------------------------------------------------

In November 1998, Sprint Corporation purchased the remaining ownership interests
in Sprint Spectrum Holding Company, L.P.  (Holdings)--Sprint  Spectrum's general
partner--and    MinorCo,    L.P.--Sprint    Spectrum's   limited   partner--from
Tele-Communications,  Inc., Comcast Corporation and Cox Communications,  Inc. At
that time,  Sprint  created  the Sprint PCS Group,  which  consists  of Sprint's
domestic wireless mobile phone services, including Sprint Spectrum.

--------------------------------------------------------------------------------
2. Basis of Consolidation and Presentation
--------------------------------------------------------------------------------

The consolidated  financial  statements  include the accounts of Sprint Spectrum
and its subsidiaries.

The  consolidated  financial  statements are prepared using  generally  accepted
accounting principles. 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.  Sprint
Spectrum is, indirectly, a wholly owned Sprint subsidiary. As a result, earnings
per share information has been omitted.

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

--------------------------------------------------------------------------------
3.  Long-term Debt
--------------------------------------------------------------------------------

In the 1999 first  quarter,  Sprint  Spectrum  terminated  its revolving  credit
facilities and repaid,  prior to scheduled  maturities,  the related outstanding
balance of $1.7 billion.  These  facilities had interest rates ranging from 5.6%
to 6.3%. This resulted in a $33 million  extraordinary loss. The debt was repaid
with financing provided by Sprint.

In the 1999 first quarter,  Sprint Spectrum  issued notes payable  totaling $844
million to affiliates. The notes mature in 2006 and have interest rates based on
the London Inter-Bank Offered Rate plus 269 basis points.

--------------------------------------------------------------------------------
4. Litigation, Claims and Assessments
--------------------------------------------------------------------------------

Various  suits  arising in the ordinary  course of business are pending  against
Sprint  Spectrum.  Management  cannot predict the final outcome of these actions
but believes they will not be material to the consolidated financial statements.

--------------------------------------------------------------------------------
5.  Supplemental Cash Flows Information
--------------------------------------------------------------------------------

Sprint Spectrum's cash paid for interest,  net of capitalized interest,  totaled
$55 million in the 1999 first quarter and $36 million in the 1998 first quarter.

Noncash activities for Sprint Spectrum included the following:

                                    Quarters Ended
                                       March 31,
                                 ----------------------
                                     1999       1998
-------------------------------------------------------
                                      (millions)
Accrued interest converted to
   long-term debt                $      -   $     32.0
                                 ----------------------
Noncash activity in partners'
   capital                       $     17.4 $      -
                                 ----------------------
<PAGE>




                                                                         Part I.
                                                                         Item 2.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF                     Sprint Spectrum L.P.
FINANCIAL CONDITION AND RESULTS OF OPERATIONS



--------------------------------------------------------------------------------
General
--------------------------------------------------------------------------------

In November 1998, Sprint Corporation purchased the remaining ownership interests
in Sprint Spectrum Holding Company, L.P.  (Holdings)--Sprint  Spectrum's general
partner--and    MinorCo,    L.P.--Sprint    Spectrum's   limited   partner--from
Tele-Communications,  Inc., Comcast Corporation and Cox Communications,  Inc. At
that time,  Sprint  created  the Sprint PCS Group,  which  consists  of Sprint's
domestic wireless mobile phone services, including Sprint Spectrum.

--------------------------------------------------------------------------------
Forward-Looking Information
--------------------------------------------------------------------------------

Sprint   Spectrum   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. Some factors that could cause actual results to differ include:

     -    the  effects of  vigorous  competition in the  markets in which Sprint
          Spectrum operates;
     -    the costs and  business  risks  related to entering and  expanding new
          markets necessary to provide nationwide service and new services;
     -    the ability of Sprint Spectrum to grow its market presence;
     -    the impact of any unusual items resulting from ongoing  evaluations of
          Sprint Spectrum's business strategies;
     -    unexpected results of litigation filed against Sprint  Spectrum;  
     -    the impact of the Year 2000 issue and  any  related noncompliance; and
     -    the possibility of one or more of the markets in which Sprint Spectrum
          competes being impacted by changes in economic or other  factors  such
          as legal and regulatory  changes or other external factors over  which
          Sprint Spectrum has no control.




<PAGE>


--------------------------------------------------------------------------------
Results of Operations
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>

                                                                   Selected Operating Results
                                               ---------------------------------------------------------------------
                                                        Quarters Ended
                                                           March 31,                            Variance
                                               ----------------------------------    -------------------------------
                                                    1999              1998                $               %
---------------------------------------------- ---------------- ----------------- -- ------------- -----------------
                                                                    (millions)
<S>                                            <C>              <C>               <C>                   <C>   
Net operating revenues                         $       440.0    $      143.8      $       296.2         206.0%
---------------------------------------------- -- ------------- -- -------------- -- ------------- -----------------

Operating expenses
   Costs of services and products                      380.6           168.9              211.7         125.3%
   Selling, general and administrative                 282.9           224.6               58.3          26.0%
   Depreciation and amortization                       169.4           114.6               54.8          47.8%
---------------------------------------------- -- ------------- -- -------------- -- -------------

Total operating expenses                               832.9           508.1              324.8          63.9%
---------------------------------------------- -- ------------- -- -------------- -- -------------

Operating loss                                 $      (392.9)   $     (364.3)     $       (28.6)         (7.9)%
                                               -- ------------- -- -------------- -- -------------

Operating loss before depreciation
   and amortization                            $      (223.5)   $     (249.7)     $        26.2          10.5%
                                               -- ------------- -- -------------- -- -------------

</TABLE>



<PAGE>


The wireless  industry  typically  generates a  significantly  higher  number of
subscriber additions and handset sales in the fourth quarter of each year versus
the remaining  quarters. This is due to  the use of retail  distribution,  which
is dependent  on the holiday  shopping  season; the  timing of  new products and
service introductions; and aggressive marketing and sales promotions.

Sprint Spectrum  markets its products through  multiple  distribution  channels,
including its own retail stores as well as other retail outlets. Equipment sales
to one  retailer,  and the related  service  revenues  generated  by such sales,
accounted  for  approximately  30% of net  operating  revenues in the 1999 first
quarter.

Net Operating Revenues

Net operating revenues include subscriber  revenues (including monthly recurring
charges and usage charges), roaming revenues and sales of handsets and accessory
equipment.  Net  operating  revenues  increased  206% from the same 1998  period
reflecting  the launch of new markets and the addition of new customers in 1998.
Sprint Spectrum,  together with certain affiliates,  added approximately 763,000
customers in the 1999 first quarter and had nearly 3.4 million customers in more
than 280 markets nationwide at the end of March 1999.

Approximately 23% of the 1999 first quarter net operating  revenues,  and 20% of
the 1998 first quarter net operating  revenues,  were from sales of handsets and
accessories. As part of Sprint Spectrum's marketing plans, handsets are normally
sold at prices below Sprint Spectrum's cost.

Operating Expenses

Costs of services and products  mainly  includes  handset and  accessory  costs,
interconnection costs, and switch and cell site expenses.  These costs increased
125% in the 1999 first quarter  reflecting the  significant  growth in customers
and the expanded market coverage, offset by a reduction in handset unit costs.

Selling,  general and  administrative  (SG&A) expense mainly includes  marketing
costs to promote  products and  services,  as well as salary and benefit  costs.
SG&A expense increased 26% reflecting  increased marketing and advertising costs
and labor costs to support the growth in subscriber activity.

Depreciation and amortization expense consists of depreciation of network assets
and  amortization  of  intangible  assets.  The  intangible  assets  include PCS
licenses and microwave  relocation costs.  Depreciation and amortization expense
increased 48%  reflecting the increase in network assets placed in service after
the 1998 first quarter.


--------------------------------------------------------------------------------
Extraordinary Item
--------------------------------------------------------------------------------

In the 1999 first  quarter,  Sprint  Spectrum  terminated  its revolving  credit
facilities and repaid,  prior to scheduled  maturities,  the related outstanding
balance of $1.7 billion.  These  facilities had interest rates ranging from 5.6%
to 6.3%. This resulted in a $33 million  extraordinary loss. The debt was repaid
with financing provided by Sprint.

--------------------------------------------------------------------------------
Liquidity and Capital Resources
--------------------------------------------------------------------------------

Sprint Spectrum's liquidity and capital resources are managed by Sprint.  Sprint
funds the Sprint PCS Group's  (including  Sprint  Spectrum's)  operating losses,
working capital and debt service requirements.

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

The "Year 2000" issue affects  Sprint  Spectrum's  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  failures.  The Year 2000
issue  may also  affect  the  systems  and  applications  of  Sprint  Spectrum's
customers, vendors, resellers or affiliates.

Sprint  Spectrum  has  completed  an inventory  and  assessment  of its computer
systems,  network elements,  software applications,  products and other business
systems.  Testing  began in the  1999  first  quarter  and is  forecasted  to be
completed  by  year-end.  Sprint  Spectrum is using both  internal  and external
resources to identify,  correct or reprogram, and test its systems for Year 2000
compliance.  It expects Year 2000  compliance for these  critical  systems to be
achieved in 1999.

Sprint  Spectrum 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  Spectrum relies on third-party  vendors
for a  significant  portion  of its  important  operating  and  computer  system
functions and is highly dependent on those third-party vendors to remediate  and
test  network  elements,  computer  systems,  software  applications  and  other
business systems. However, Sprint Spectrum is reviewing test results provided by
its vendors to help ensure Year 2000 compliance.  In addition,  Sprint  Spectrum
uses publicly  available  services that are acquired without  contract,  such as
global positioning system timing signal,  that may be  affected by the Year 2000
issue.  While Sprint  Spectrum  believes these pubicly available systems will be
Year 2000 compliant, it has no contractual  or other  right to force compliance.

Sprint  Spectrum  incurred  approximately  $15  million  through  March 1999 and
expects to incur  approximately $35 million throughout the remainder of 1999 for
its Year 2000 remediation program. This program is designed to assure the proper
functioning of critical and secondary  elements for Year 2000  compliance.  When
the program is fulfilled,  Sprint  Spectrum has a high degree of confidence that
elements  within its control will  function  through the upcoming  date changes.
However,  two risks  remain:  (1) the risk to Sprint  Spectrum  if the Year 2000
program is not fulfilled,  and (2) the risk stemming from elements vulnerable to
the Year 2000 problem which are beyond Sprint Spectrum's control.

With regards to the first risk,  if the Year 2000 program is not  fulfilled in a
timely manner by Sprint Spectrum, its affiliates or any significant third party,
the Year 2000 issue could have a material  adverse  effect on Sprint  Spectrum's
operations.  Sprint  Spectrum is  focusing on  identifying  and  addressing  all
aspects of its operations that may be affected by the Year 2000 issue.

With regards to the second risk, Sprint Spectrum is evaluating events beyond its
control that could occur prior to and after the arrival of the year 2000. Sprint
Spectrum is  reviewing  its  existing  disaster  recovery  plans and  developing
additional  contingency  and business  continuity  plans to prepare for the year
2000.  Most of these plans are scheduled to be completed in the second  quarter.
Sprint  Spectrum will  implement,  if  necessary,  appropriate  contingency  and
business  continuity plans to mitigate to the extent possible the effects of any
Year 2000 noncompliance.

Sprint  Spectrum  has begun to review  the risks  associated  with a worst  case
scenario,  which could result from a Year 2000 related  failure.  This  scenario
could result in a temporary  disruption to normal business operations and impact
Sprint Spectrum's financial performance.  Based upon the work completed to date,
Sprint  Spectrum  believes that such an  occurrence  is unlikely.  Nevertheless,
certain  elements  related to the Year 2000  readiness of suppliers,  utilities,
interconnecting  carriers and customers are beyond Sprint Spectrum's control and
could fail. At this point,  Sprint Spectrum does not believe that the failure of
such elements could cause a major breakdown within its normal operations.




<PAGE>




                                                                         Part I.
                                                                         Item 3.

QUANTITATIVE AND QUALITATIVE DISCLOSURES                    Sprint Spectrum L.P.
ABOUT MARKET RISK

Omitted under the provisions of General Instruction H.

                                                                        Part II.
                                                               Other Information

Item 1.  Legal Proceedings

    There were no reportable events during the quarter ended March 31, 1999.

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 March 31, 1999.

Item 6.  Exhibits and Reports on Form 8-K

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

         (3.1)    Certificate  of Limited  Partnership  of Sprint  Spectrum L.P.
                  (incorporated by reference to Exhibit 3.2 to Sprint Spectrum's
                  Form S-1 Registration  Statement,  Registration No. 333-06609,
                  filed on June 21, 1996).

         (3.2)    Agreement of Limited Partnership of MajorCo Sub, L.P. (renamed
                  Sprint  Spectrum  L.P.),  dated as of March  28,  1995,  among
                  MajorCo, L.P. (renamed Sprint Spectrum Holding Company,  L.P.)
                  and MinorCo, L.P. (incorporated by reference to Exhibit 3.6 to
                  Sprint    Spectrum's   Form   S-1   Registration    Statement,
                  Registration No. 333-06609, filed on June 21, 1996).

         (27)     Financial Data Schedule

                  (a) March 31, 1999

(b)      Reports on Form 8-K

         No reports on Form 8-K were filed  during the  quarter  ended March 31,
         1999.


<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 SPECTRUM L.P.
                      ----------------------------------------------------------
                      (Registrant)



                      /s/  William J. Gunter                      
                      ----------------------------------------------------------
                      William J. Gunter
                      Chief Financial Officer
                      Principal Financial Officer


Date:  May 13, 1999 



<PAGE>

<TABLE>
<CAPTION>

                                                                                                             Part I.
                                                                                                             Item 1.
Sprint Spectrum Finance Corporation
--------------------------------------------------------------------------------------------------------------------
BALANCE SHEETS (Unaudited)

                                                                                       March 31,     December 31,
                                                                                          1999           1998
--------------------------------------------------------------------------------------------------------------------

<S>                                                                                  <C>             <C>   
Liabilities and Shareholder's Equity
Payable to Sprint Spectrum                                                           $     1,497     $     1,497
                                                                                     -------------------------------

Shareholder's equity
     Common stock, $1.00 par value; 1,000 shares authorized;
         100 shares issued and outstanding                                                   100             100
     Accumulated deficit                                                                  (1,597)         (1,597)
                                                                                     -------------------------------
     Total shareholder's equity                                                           (1,497)         (1,497)
                                                                                     -------------------------------
Total                                                                                $         -     $         -
                                                                                     -------------------------------
</TABLE>





--------------------------------------------------------------------------------
NOTES TO FINANCIAL STATEMENTS (Unaudited)


Sprint  Spectrum  Finance  Corporation,  a wholly  owned  subsidiary  of  Sprint
Spectrum  L.P.,  was formed to be a co-obligor of certain  securities  issued by
Sprint  Spectrum.  FinCo has nominal  assets and did not conduct any  operations
during  the 1999  and 1998  first  quarters.  As a  result,  the  Statements  of
Operations and Statements of Cash Flows have been omitted.










                                                                         PART I.
                                                                         Item 2.

--------------------------------------------------------------------------------
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS



Sprint Spectrum Finance  Corporation had no operations  during the 1999 and 1998
first quarters.





                                                                         PART I.
                                                                         Item 3.

--------------------------------------------------------------------------------
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

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 March 31, 1999.

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 March 31, 1999.

Item 6.  Exhibits and Reports on Form 8-K

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

         (3.1)      Certificate  of  Incorporation  of Sprint  Spectrum  Finance
                    Corporation  (incorporated  by  reference  to Exhibit 3.3 to
                    Sprint   Spectrum's   Form   S-1   Registration   Statement,
                    Registration No. 333-06609, filed on June 21, 1996).

         (3.2)      Bylaws of Sprint Spectrum Finance Corporation  (incorporated
                    by  reference to Exhibit 3.4 to Sprint  Spectrum's  Form S-1
                    Registration Statement, Registration No. 333-06609, filed on
                    June 21, 1996).

         (27)       Financial Data Schedule

                    (a)    March 31, 1999

(b) Reports on Form 8-K

         No reports on Form 8-K were filed  during the  quarter  ended March 31,
         1999.



<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 SPECTRUM FINANCE CORPORATION
                      ----------------------------------------------------------
                      (Registrant)



                      /s/ William J. Gunter
                      ----------------------------------------------------------
                      William J. Gunter
                      Vice President, Treasurer and Director
                      Principal Financial Officer


Date:  May 13, 1999