<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S SEPTEMBER 30, 1998 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 801 <SECURITIES> 37 <RECEIVABLES> 5,739 <ALLOWANCES> 460 <INVENTORY> 0<F1> <CURRENT-ASSETS> 7,649 <PP&E> 72,993 <DEPRECIATION> 43,278 <TOTAL-ASSETS> 45,371 <CURRENT-LIABILITIES> 10,140 <BONDS> 12,357 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,987 <OTHER-SE> 10,361 <TOTAL-LIABILITY-AND-EQUITY> 45,371 <SALES> 0<F2> <TOTAL-REVENUES> 21,101 <CGS> 0<F3> <TOTAL-COSTS> 11,929 <OTHER-EXPENSES> 3,677 <LOSS-PROVISION> 373 <INTEREST-EXPENSE> 760 <INCOME-PRETAX> 5,125 <INCOME-TAX> 1,873 <INCOME-CONTINUING> 3,252 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 15 <NET-INCOME> 3,267 <EPS-PRIMARY> 1.67 <EPS-DILUTED> 1.65 <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>