<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S DECEMBER 31, 1997 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-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 649 <SECURITIES> 320 <RECEIVABLES> 9,159 <ALLOWANCES> 737 <INVENTORY> 0<F1> <CURRENT-ASSETS> 12,096 <PP&E> 104,596 <DEPRECIATION> 61,665 <TOTAL-ASSETS> 69,917 <CURRENT-LIABILITIES> 18,268 <BONDS> 17,787 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,428 <OTHER-SE> 14,435 <TOTAL-LIABILITY-AND-EQUITY> 69,917 <SALES> 0<F2> <TOTAL-REVENUES> 43,106 <CGS> 0<F3> <TOTAL-COSTS> 10,249 <OTHER-EXPENSES> 7,777 <LOSS-PROVISION> 938 <INTEREST-EXPENSE> 1,550 <INCOME-PRETAX> 6,538 <INCOME-TAX> 2,451 <INCOME-CONTINUING> 4,087 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,087 <EPS-BASIC> 1.21 <EPS-DILUTED> 1.20 <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>