<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S DECEMBER 31, 1998 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENITRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 599 <SECURITIES> 6 <RECEIVABLES> 10,593 <ALLOWANCES> 810 <INVENTORY> 0<F1> <CURRENT-ASSETS> 12,697 <PP&E> 109,778 <DEPRECIATION> 65,584 <TOTAL-ASSETS> 74,966 <CURRENT-LIABILITIES> 18,240 <BONDS> 17,170 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,434 <OTHER-SE> 19,340 <TOTAL-LIABILITY-AND-EQUITY> 74,966 <SALES> 0<F2> <TOTAL-REVENUES> 46,207 <CGS> 0<F3> <TOTAL-COSTS> 10,339 <OTHER-EXPENSES> 7,841 <LOSS-PROVISION> 896 <INTEREST-EXPENSE> 1,605 <INCOME-PRETAX> 12,115 <INCOME-TAX> 4,380 <INCOME-CONTINUING> 7,735 <DISCONTINUED> 0 <EXTRAORDINARY> (60) <CHANGES> 15 <NET-INCOME> 7,690 <EPS-BASIC> 2.26 <EPS-DILUTED> 2.23 <FN> <F1> THIS AMOUNT IS IMMATERIAL <F2> NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGUALTION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. <F3> COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B). </FN>