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 - January 13, 1994
(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

	GTE today announced that its results for the fourth quarter of 
	1993 will include a one-time pre-tax restructuring charge of 
	$1.8 billion which will reduce fourth quarter and full year net 
	income by $1.2 billion, or $1.22 per share.

	This restructuring charge includes $1.4 billion at Telephone 
	Operations primarily to implement its re-engineering plan.  The 
	re-engineering plan will redesign and streamline processes in 
	order to improve customer-responsiveness and product quality, 
	reduce the time necessary to introduce new products and 
	services and further reduce costs.  The re-engineering plan 
	includes $680 million to upgrade or replace existing customer 
	service and administrative systems and enhance network 
	software, $410 million for employee separation benefits 
	associated with workforce reductions and $210 million primarily 
	for the consolidation of facilities and operations and other 
	related costs.

	The re-engineering plan will be implemented over the next three 
	years, with expected reductions of approximately 17,000 
	Telephone Operations employees during that time frame.

	The restructuring charge also includes a $400 million reduction 
	in the carrying value of satellite communication assets of GTE 
	Spacenet and certain other assets to estimated net realizable 
	value.  This action primarily reflects the development of 
	alternative transmission methods through technological advances 
	and increased competition.  GTE will also combine its Spacenet 
	business into Government Systems to leverage the combined 
	strength of these two businesses.


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     J. Michael Kelly
                                                   J. Michael Kelly
                                               Vice President and Controller

Date:  January 13, 1994
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 2958}]
{"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": "94501296"}, "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 - January 13, 1994
(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

	GTE today announced that its results for the fourth quarter of 
	1993 will include a one-time pre-tax restructuring charge of 
	$1.8 billion which will reduce fourth quarter and full year net 
	income by $1.2 billion, or $1.22 per share.

	This restructuring charge includes $1.4 billion at Telephone 
	Operations primarily to implement its re-engineering plan.  The 
	re-engineering plan will redesign and streamline processes in 
	order to improve customer-responsiveness and product quality, 
	reduce the time necessary to introduce new products and 
	services and further reduce costs.  The re-engineering plan 
	includes $680 million to upgrade or replace existing customer 
	service and administrative systems and enhance network 
	software, $410 million for employee separation benefits 
	associated with workforce reductions and $210 million primarily 
	for the consolidation of facilities and operations and other 
	related costs.

	The re-engineering plan will be implemented over the next three 
	years, with expected reductions of approximately 17,000 
	Telephone Operations employees during that time frame.

	The restructuring charge also includes a $400 million reduction 
	in the carrying value of satellite communication assets of GTE 
	Spacenet and certain other assets to estimated net realizable 
	value.  This action primarily reflects the development of 
	alternative transmission methods through technological advances 
	and increased competition.  GTE will also combine its Spacenet 
	business into Government Systems to leverage the combined 
	strength of these two businesses.

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     J. Michael Kelly
                                                   J. Michael Kelly
                                               Vice President and Controller

Date:  January 13, 1994