<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S SEPTEMBER 30, 1997 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-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 717 <SECURITIES> 504 <RECEIVABLES> 5,621 <ALLOWANCES> 418 <INVENTORY> 0<F1> <CURRENT-ASSETS> 8,114 <PP&E> 69,228 <DEPRECIATION> 40,759 <TOTAL-ASSETS> 44,728 <CURRENT-LIABILITIES> 12,375 <BONDS> 12,820 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 992 <OTHER-SE> 9,139 <TOTAL-LIABILITY-AND-EQUITY> 44,728 <SALES> 0<F2> <TOTAL-REVENUES> 19,567 <CGS> 0<F3> <TOTAL-COSTS> 13,059 <OTHER-EXPENSES> 4,081 <LOSS-PROVISION> 415 <INTEREST-EXPENSE> 767 <INCOME-PRETAX> 1,700 <INCOME-TAX> 668 <INCOME-CONTINUING> 1,032 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,032 <EPS-PRIMARY> 0.53 <EPS-DILUTED> 0.53 <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>