<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S MARCH 31, 1998 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 688 <SECURITIES> 176 <RECEIVABLES> 5,557 <ALLOWANCES> 464 <INVENTORY> 0<F1> <CURRENT-ASSETS> 7,455 <PP&E> 71,151 <DEPRECIATION> 42,016 <TOTAL-ASSETS> 44,919 <CURRENT-LIABILITIES> 10,454 <BONDS> 12,904 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,986 <OTHER-SE> 9,168 <TOTAL-LIABILITY-AND-EQUITY> 44,919 <SALES> 0<F2> <TOTAL-REVENUES> 6,855 <CGS> 0<F3> <TOTAL-COSTS> 3,879 <OTHER-EXPENSES> 1,201 <LOSS-PROVISION> 127 <INTEREST-EXPENSE> 256 <INCOME-PRETAX> 1,533 <INCOME-TAX> 563 <INCOME-CONTINUING> 970 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 15 <NET-INCOME> 985 <EPS-PRIMARY> 0.50 <EPS-DILUTED> 0.50 <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 REGULATION 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>