<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S DECEMBER 31, 1998 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 460 <SECURITIES> 6 <RECEIVABLES> 6,262 <ALLOWANCES> 472 <INVENTORY> 0<F1> <CURRENT-ASSETS> 7,538 <PP&E> 73,466 <DEPRECIATION> 43,546 <TOTAL-ASSETS> 45,066 <CURRENT-LIABILITIES> 9,989 <BONDS> 11,612 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,988 <OTHER-SE> 10,792 <TOTAL-LIABILITY-AND-EQUITY> 45,066 <SALES> 0<F2> <TOTAL-REVENUES> 28,777 <CGS> 0<F3> <TOTAL-COSTS> 16,714 <OTHER-EXPENSES> 5,177 <LOSS-PROVISION> 513 <INTEREST-EXPENSE> 993 <INCOME-PRETAX> 6,374 <INCOME-TAX> 2,306 <INCOME-CONTINUING> 4,068 <DISCONTINUED> 0 <EXTRAORDINARY> (60) <CHANGES> 15 <NET-INCOME> 4,023 <EPS-PRIMARY> 2.06 <EPS-DILUTED> 2.03 <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>