<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE OPTEL, INC YEAR ENDED AUGUST 31, 1998 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> AUG-31-1998 <PERIOD-END> AUG-31-1998 <CASH> 123,774 <SECURITIES> 0 <RECEIVABLES> 11,261 <ALLOWANCES> (1,803) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 302,033 <DEPRECIATION> (33,989) <TOTAL-ASSETS> 627,170 <CURRENT-LIABILITIES> 0 <BONDS> 429,278 <PREFERRED-MANDATORY> 0 <PREFERRED> 207,458 <COMMON> 28 <OTHER-SE> (46,710) <TOTAL-LIABILITY-AND-EQUITY> 627,170 <SALES> 0 <TOTAL-REVENUES> 64,963 <CGS> 0 <TOTAL-COSTS> 28,825 <OTHER-EXPENSES> 35,847 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 48,477 <INCOME-PRETAX> (67,754) <INCOME-TAX> 0 <INCOME-CONTINUING> (67,754) <DISCONTINUED> 0 <EXTRAORDINARY> (6,644) <CHANGES> 0 <NET-INCOME> (74,398) <EPS-PRIMARY> (31.45) <EPS-DILUTED> (31.45)