8-K

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


                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


    Date of Report (Date of earliest event reported)          April 19, 2005


                               SPRINT CORPORATION
             (Exact name of Registrant as specified in its charter)

            Kansas                      1-04721                  48-0457967
  (State of Incorporation)      (Commission File Number)      (I.R.S. Employer
                                                             Identification No.)


   6200 Sprint Parkway, Overland Park, Kansas                       66251
     (Address of principal executive offices)                    (Zip Code)


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



          (Former name or former address, if changed since last report)


               P. O. Box 7997, Shawnee Mission, Kansas 66207-0997
                (Mailing address of principal executive offices)

Check the appropriate box below if the Form 8-K is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:

[  ] Written communications  pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)
[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)
[  ] Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))
[  ] Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))





Item 1.01 Entry into a Material Definitive Agreement

          Amendment of Director Option Grant

On April 19,  2005,  the  Compensation  Committee  of the Board of  Directors of
Sprint  Corporation  ("Sprint")  adopted an amendment to the award agreement for
options  granted in 2002 to DuBose Ausley,  an outside  director of Sprint.  The
amendment  accelerates  vesting of the final 25% tranche of the option  grant in
connection with Mr. Ausley's departure from the board at the 2005 annual meeting
of  stockholders.  Options to purchase  2,455 shares of FON common stock will be
accelerated.

The terms of the options  are  governed by the 1997  Long-Term  Stock  Incentive
Program,  which is filed as Exhibit 10.4 to Sprint's  Current Report on Form 8-K
dated October 11, 2004 and incorporated herein by reference, and the form of the
Amended and  Restated  Stock  Option  Agreement  which is filed as Exhibit  10.1
hereto and incorporated herein by reference.













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Item 9.01 Financial Statements and Exhibits

          Exhibits

10.1      Form of Amended and Restated Stock Option Agreement with Mr. Ausley













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                                    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, hereunto duly authorized.


                                   SPRINT CORPORATION



Date:  April 21, 2005              By:  /s/ Michael T. Hyde
                                           Michael T. Hyde, Assistant Secretary















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                                  EXHIBIT INDEX


Exhibit
Number    Description

10.1      Form of Amended and Restated Stock Option  Agreement with Mr. Ausley

EX-10

                                                                Exhibit 10.1


                   Amended and Restated Stock Option Agreement

This Stock Option  Agreement is made as of the 19th day of February,  2002,  and
amended  as of April 19,  2005,  by and  between  Sprint  Corporation,  a Kansas
corporation (the "Corporation"),  and DuBose Ausley, a non-employee  director of
the Corporation (the "Director").

                                    Recitals

1.   The  Corporation  has approved the 1990 Stock Option Plan (the "Plan") that
     provides for the annual grant of stock options to non-employee directors of
     the Corporation. The Plan was merged with and into the 1997 Long-Term Stock
     Incentive Program in February 2004.
2.   Director was a  non-employee  director of the  Corporation  on February 19,
     2002, the grant date in 2002,  and continues to be a non-employee  director
     on April 19, 2005.

Now,  Therefore,  in  consideration of the foregoing and of the mutual covenants
and agreements of the parties  hereto,  the receipt and  sufficiency of which is
hereby acknowledged by them, the parties agree as follows:

The Corporation  hereby grants to Director under and subject to all of the terms
and  conditions  of the  Plan (a copy of the  1990  Stock  Option  Plan has been
furnished  to the  Director  and  its  terms  are  incorporated  herein  by this
reference)  the right  and  option to  purchase  6,550  shares of FON Stock at a
strike price of $12.965 per share and an option to buy 6,550 shares of PCS Stock
at a strike price of $8.90 per share (converted  after the  recombination of PCS
Stock with and into FON Stock into 3,275  shares of FON Stock at a strike  price
of $17.80 per share).

These options shall become  exercisable in installments as follows:  Twenty-five
percent  (25%) of the number of shares  originally  covered  hereby shall become
exercisable on February 19 in the years 2003,  2004,  2005, and 2006. The number
of shares  exercisable  after each  installment  shall cumulate and shall remain
exercisable  during  the  remainder  of the  term of the  options.  The  options
terminate at the close of business on February 19, 2012.

As of April 19, 2005,  there remains unvested an option to purchase 1,637 shares
of FON Stock at a strike  price of $12.965  per share and an option to  purchase
818 shares of FON Stock at a strike price of $17.80 per share.  Any options that
remain unvested as of the Director's  departure from the Corporation's  Board of
Directors at the 2005 Annual Meeting of Stockholder shall vest in full as of the
date of that meeting.

IN WITNESS  WHEREOF,  the Corporation has caused this Amended and Restated Stock
Option  Agreement to be signed by its duly  authorized  officer and the Director
has executed the same as of April 19, 2005.

                          Sprint Corporation



                      By: ___________________________________________
                          Claudia Toussaint, VP Corporate Governance
                          and Ethics and Corporate Secretary


                          __________________________________________
                                       DuBose Ausley