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 - September 28, 1995
                     (Date of earliest event reported)


                              GTE Corporation
           (Exact name of registrant as specified in its charter)


                                 NEW YORK
       (State or other jurisdiction of incorporation or organization)


        1-2755                                     13-1678633
(Commission File Number)               (IRS Employer Identification No.)












One Stamford Forum
Stamford, Connecticut                                            06904
(Address of principal executive offices)                       (Zip Code)
203-965-2000



                               GTE CORPORATION
                                            
                                  FORM 8-K
                                            
                             ITEM OF INFORMATION
                                            
                                            

Item 5.  Other Events


NEW YORK -- GTE Corporation (GTE) Chairman and Chief Executive Officer Charles 
R. Lee today said he is confident GTE's earnings growth rate will modestly 
exceed the average of analysts' current estimates for the third quarter and 
the year.  

   Speaking to a group of telecommunications research analysts at a company 
briefing in New York City, Lee said, "We serve very attractive markets and 
have a strong competitive position.  Given all the initiatives GTE has 
underway to benefit from the high growth within the industry, I am confident 
we will exceed the average of the current Wall Street estimates not only for 
1995, but also into the future as we continue to leverage our strong market 
position with new bundled-service offerings.  

   "All of our energies are focused on enhancing shareholder value and GTE's 
competitive position within the industry," Lee noted.  "With our recent 
management restructuring that will enable us to fully exploit the convergence 
of wireline and wireless, the continuing benefit of process re-engineering, 
the increasingly favorable regulatory environment as well as promising 
opportunities internationally, we can do just that," he said.

   As to whether GTE will discontinue regulatory accounting practices 
prescribed by Financial Accounting Standards (FAS) 71 and adopt commercial 
practices, Lee said the company is evaluating its options and expects to make 
a decision by the end of the year.  If GTE were to discontinue the application 
of FAS 71 and compute the effect on its telephone plant in a manner similar to 
the other major local-exchange carriers, the non-cash, after-tax impact is 
estimated to be between $3 billion and $5 billion.  This potential accounting 
charge will have no effect on GTE's customers or its liquidity and capital 
resources.  The charge would reduce the net book value of the fixed assets of 
domestic telephone operations.  However, it would have no significant effect 
on future depreciation expense for many years.  

   GTE is the largest U.S.-based local telephone company and a leading 
cellular-service provider in the United States, with wireline and wireless 
operations that form a market area covering more than one third of the 
country's population.  With net income of $2.5 billion and revenues of $20 
billion in 1994, the corporation is the fourth-largest publicly owned 
telecommunications company in the world.  GTE also is a leader in government 
and defense communications systems and equipment, aircraft-passenger 
telecommunications, directories and telecommunications-based information 
services and systems.










                                 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 hereunto duly authorized.


                                                   GTE CORPORATION
                                                     (Registrant)


                                            By     Lawrence R. Whitman     
                                                   Lawrence R. Whitman
                                               Vice President and Controller


Date:  September 29, 1995
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 4613}]
{"company-data": {"conformed-name": "GTE CORP", "cik": "0000040858", "assigned-sic": "4813", "irs-number": "131678633", "state-of-incorporation": "NY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-02755", "film-number": "95577344"}, "business-address": {"street1": "ONE STAMFORD FORUM", "city": "STAMFORD", "state": "CT", "zip": "06904", "phone": "2039652000"}, "former-company": [{"former-conformed-name": "GENERAL TELEPHONE & ELECTRONICS CORP", "date-changed": "19820816"}, {"former-conformed-name": "FRANKLIN INVESTMENT PROGRAMS COMMON STOC", "date-changed": "19700209"}]}
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 - September 28, 1995
                     (Date of earliest event reported)

                              GTE Corporation
           (Exact name of registrant as specified in its charter)

                                 NEW YORK
       (State or other jurisdiction of incorporation or organization)

        1-2755                                     13-1678633
(Commission File Number)               (IRS Employer Identification No.)

One Stamford Forum
Stamford, Connecticut                                            06904
(Address of principal executive offices)                       (Zip Code)
203-965-2000

                               GTE CORPORATION
                                            
                                  FORM 8-K
                                            
                             ITEM OF INFORMATION
                                            
                                            

Item 5.  Other Events

NEW YORK -- GTE Corporation (GTE) Chairman and Chief Executive Officer Charles 
R. Lee today said he is confident GTE's earnings growth rate will modestly 
exceed the average of analysts' current estimates for the third quarter and 
the year.  

   Speaking to a group of telecommunications research analysts at a company 
briefing in New York City, Lee said, "We serve very attractive markets and 
have a strong competitive position.  Given all the initiatives GTE has 
underway to benefit from the high growth within the industry, I am confident 
we will exceed the average of the current Wall Street estimates not only for 
1995, but also into the future as we continue to leverage our strong market 
position with new bundled-service offerings.  

   "All of our energies are focused on enhancing shareholder value and GTE's 
competitive position within the industry," Lee noted.  "With our recent 
management restructuring that will enable us to fully exploit the convergence 
of wireline and wireless, the continuing benefit of process re-engineering, 
the increasingly favorable regulatory environment as well as promising 
opportunities internationally, we can do just that," he said.

   As to whether GTE will discontinue regulatory accounting practices 
prescribed by Financial Accounting Standards (FAS) 71 and adopt commercial 
practices, Lee said the company is evaluating its options and expects to make 
a decision by the end of the year.  If GTE were to discontinue the application 
of FAS 71 and compute the effect on its telephone plant in a manner similar to 
the other major local-exchange carriers, the non-cash, after-tax impact is 
estimated to be between $3 billion and $5 billion.  This potential accounting 
charge will have no effect on GTE's customers or its liquidity and capital 
resources.  The charge would reduce the net book value of the fixed assets of 
domestic telephone operations.  However, it would have no significant effect 
on future depreciation expense for many years.  

   GTE is the largest U.S.-based local telephone company and a leading 
cellular-service provider in the United States, with wireline and wireless 
operations that form a market area covering more than one third of the 
country's population.  With net income of $2.5 billion and revenues of $20 
billion in 1994, the corporation is the fourth-largest publicly owned 
telecommunications company in the world.  GTE also is a leader in government 
and defense communications systems and equipment, aircraft-passenger 
telecommunications, directories and telecommunications-based information 
services and systems.

                                 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 hereunto duly authorized.

                                                   GTE CORPORATION
                                                     (Registrant)

                                            By     Lawrence R. Whitman     
                                                   Lawrence R. Whitman
                                               Vice President and Controller

Date:  September 29, 1995