Abstract: A lantern includes a base assembly, a light assembly and a globe assembly that is telescopically movable, relative to the base assembly, from a collapsed OFF position to an extended ON position. The base assembly includes a housing having an upper platform and a pair of electrical contacts connected to a power supply within the base assembly. The light assembly includes a socket guide, a socket member, an actuating element, a socket support and a spring. The socket guide has an upper plate having a pair of electrical contacts mounted on the upper plate top face. The socket member has a socket segment for receiving the base of a lighting element, an extension segment extending downward through an opening in the socket guide upper plate, and a pair of electrical contacts electrically connected with the lighting element. The actuating element extends from a lower end portion, engaged with the socket guide upper plate top face, through an opening in the upper platform of the base assembly housing to an upper end.