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DEPARTMENT OF JUSTICE TO TAKE NO ACTION IN SPRINT-CENTEL MERGER

 KANSAS CITY, Mo., Dec. 16 /PRNewswire/ -- Sprint Corporation (NYSE: FON) and Centel Corporation (NYSE: CNT) announced today that the Department of Justice has said it will take no action regarding the proposed merger between the two companies.
 Sprint is a diversified international telecommunications company, which had 1991 annual revenues of $8.8 billion. It has the United States' only nationwide all-digital, fiber-optic long distance network. Its divisions provide global long distance voice, data and video products and services, and local telephone services to more than 4 million customer access lines in 17 states.
 Chicago-based Centel Corporation, which had 1991 revenues of $1.2 billion, provides local exchange telephone service in six states through 1.6 million access lines and operates cellular communications franchises in 42 metropolitan markets and more than 50 rural service areas.
 -0- 12/16/92
 /CONTACT: Susan Kraus, 202-828-7410, or after hours. 202-986-3952, or Judith Shannon, 913-624-3221, or after hours, 816-931-7156, both of Sprint; or William K. White of Centel Corporation, 312-399-2735/
 (FON CNT)


CO: Sprint; Centel Corporation ST: Missouri, Illinois IN: TLS SU: TNM

MH -- DC025 -- 7850 12/16/92 15:57 EST
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Publication:PR Newswire
Date:Dec 16, 1992
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