<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S JUNE 30, 1998 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENITRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 907 <SECURITIES> 91 <RECEIVABLES> 9,870 <ALLOWANCES> 753 <INVENTORY> 0<F1> <CURRENT-ASSETS> 12,678 <PP&E> 107,610 <DEPRECIATION> 64,066 <TOTAL-ASSETS> 74,177 <CURRENT-LIABILITIES> 17,134 <BONDS> 19,706 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,437 <OTHER-SE> 17,338 <TOTAL-LIABILITY-AND-EQUITY> 74,177 <SALES> 0<F2> <TOTAL-REVENUES> 22,436 <CGS> 0<F3> <TOTAL-COSTS> 4,910 <OTHER-EXPENSES> 3,745 <LOSS-PROVISION> 415 <INTEREST-EXPENSE> 840 <INCOME-PRETAX> 6,598 <INCOME-TAX> 2,380 <INCOME-CONTINUING> 4,218 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 15 <NET-INCOME> 4,233 <EPS-BASIC> 1.25 <EPS-DILUTED> 1.23 <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>