<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the unaudited consolidated balance sheet of AT&T Corp. at June 30, 1999, and the unaudited consolidated statement of income for the six-month period ended June 30, 1999, and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 418 <SECURITIES> 0 <RECEIVABLES> 11,257 <ALLOWANCES> 1,227 <INVENTORY> 0 <CURRENT-ASSETS> 12,946 <PP&E> 62,574 <DEPRECIATION> 27,580 <TOTAL-ASSETS> 145,238 <CURRENT-LIABILITIES> 21,577 <BONDS> 22,152 <PREFERRED-MANDATORY> 6,354 <PREFERRED> 0 <COMMON> 4,461 <OTHER-SE> 69,027 <TOTAL-LIABILITY-AND-EQUITY> 145,238 <SALES> 0 <TOTAL-REVENUES> 29,787 <CGS> 0 <TOTAL-COSTS> 24,758 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 733 <INTEREST-EXPENSE> 649 <INCOME-PRETAX> 3,854 <INCOME-TAX> 1,791 <INCOME-CONTINUING> 2,063 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,063 <EPS-BASIC> 0.90 <EPS-DILUTED> 0.88