Registration No. 333-68737



                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                            ________________________

                         POST-EFFECTIVE AMENDMENT NO. 1
                                       TO
                                    Form S-8
                             REGISTRATION STATEMENT
                                      Under
                           THE SECURITIES ACT OF 1933
                            ________________________

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

                  Kansas                               48-0457967
       (State or other jurisdiction                (I.R.S. Employer
     of incorporation or organization)            Identification No.)

            Post Office Box 7997, Shawnee Mission, Kansas 66207-0997
                    (Address of principal executive offices)
                            ________________________

                               SPRINT CORPORATION
                     MANAGEMENT INCENTIVE STOCK OPTION PLAN
                            (Full title of the Plan)
                            ________________________

                              CLAUDIA S. TOUSSAINT
    Vice President, Corporate Governance and Ethics, and Corporate Secretary
                                  P.O. Box 7997
                       Shawnee Mission, Kansas 66207-0997
                     (Name and address of agent for service)

          Telephone number, including area code, of agent for service:
                                 (913) 794-1513
                            ________________________








     This Registration  Statement as originally filed related to the offering of
3,100,000  options to purchase a share of FON Common Stock and 3,100,000  shares
of FON  Common  Stock  issuable  upon  exercise  of  options  granted  under the
Management Incentive Stock Option Plan, and the offering of 3,300,000 options to
purchase a share of PCS Common  Stock and  3,300,000  shares of PCS Common Stock
issuable upon exercise of options  granted under the Management  Incentive Stock
Option Plan.  No shares of FON Common Stock were issued  before the  two-for-one
split of the FON Common Stock in the 1999 second quarter,  leaving all 3,100,000
shares of FON  Common  Stock.  The  two-for-one  split of the FON  Common  Stock
increased  the  number  of  shares  of FON  Common  Stock  remaining  under  the
Registration Statement to 6,200,000 shares of FON Common Stock. No shares of PCS
Common Stock were issued before the two-for-one split of the PCS Common Stock in
the 2000 first quarter,  leaving all 3,300,000  shares of PCS Common Stock.  The
two-for-one  split of the PCS Common Stock increased the number of shares of PCS
Common Stock remaining under the  Registration  Statement to 6,600,000 shares of
PCS Common Stock.

     On  February  28,   2004,   Sprint's   Board  of  Directors   approved  the
recombination  of the PCS Common  Stock and the FON Common  Stock,  effective on
April 23,  2004 (the  "Conversion  Date).  None of the  6,600,000  shares of PCS
Common  Stock were issued upon the  exercise  of options  before the  Conversion
Date.  Following  the  recombination  of the PCS Common Stock and the FON Common
Stock, no shares of PCS Common Stock may be issued. Accordingly,  the purpose of
this Post-Effective Amendment No. 1 is to deregister the 6,600,000 shares of PCS
Common Stock covered by this Registration Statement.





  PART II.  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT


Item 8.     Exhibits.

Exhibit
Number    Exhibits

 24.      Power of Attorney.










                                      II-1





                                   SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1933, the registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements  for filing on Form S-8 and has duly caused this  Amendment  to the
Registration Statement to be signed on its behalf by the undersigned,  thereunto
duly authorized,  in the City of Overland Park, State of Kansas, on the 13th day
of May, 2004.

                              SPRINT CORPORATION



                              By  /s/ Claudia S. Toussaint
                                  (Claudia S. Toussaint,  Vice President)




     Pursuant to the  requirements of the Securities Act of 1933, this Amendment
to the  Registration  Statement has been signed by the following  persons in the
capacities and on the date indicated.

Name                    Title                                   Date

                        Chairman of the Board and       )
G. D. FORSEE*           Chief Executive Officer         )
                        (Principal Executive Officer)   )
                                                        )
                        Executive Vice President        )
ROBERT J. DELLINGER*    - Chief Financial Officer       )
                        (Principal Financial Officer)   )
                                                        )
                        Senior Vice President and       )
J. P. MEYER*            Controller                      )
                        (Principal Accounting Officer)  )
                                                        )    May 13, 2004
                                                        )
DUBOSE AUSLEY*          Director                        )
                                                        )
______________________                                  )
(Gordon M. Bethune)     Director                        )
                                                        )
                                                        )
E. LINN DRAPER, JR. *   Director                        )
                                                        )
______________________                                  )
(Deborah A. Henretta)   Director                        )





                                      II-2




                                                        )
                                                        )
I. O. HOCKADAY, JR.*    Director                        )
                                                        )
                                                        )
L. K. LORIMER*          Director                        )
                                                        )
                                                        )    May 13, 2004
C. E. RICE*             Director                        )
                                                        )
                                                        )
LOUIS W. SMITH*         Director                        )
                                                        )
                                                        )
GERALD L. STORCH*       Director                        )
                                                        )





/s/ Claudia S. Toussaint
____________________________________

*    Signed by Claudia S. Toussaint,
     Attorney-in-Fact, pursuant to
     Power of Attorney filed with
     this Amendment to the Registration
     Statement No. 333-68737.










                                      II-3






                                  EXHIBIT INDEX


Exhibit
Number    Exhibits

 24.      Power of Attorney.