<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> <RESTATED> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> AUG-31-1997 <PERIOD-END> AUG-31-1997 <CASH> 87,305 <SECURITIES> 0 <RECEIVABLES> 5,169 <ALLOWANCES> (1,125) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 175,424 <DEPRECIATION> (14,982) <TOTAL-ASSETS> 403,416 <CURRENT-LIABILITIES> 0 <BONDS> 358,177 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 26 <OTHER-SE> 20,339 <TOTAL-LIABILITY-AND-EQUITY> 403,416 <SALES> 0 <TOTAL-REVENUES> 39,837 <CGS> 0 <TOTAL-COSTS> 19,202 <OTHER-EXPENSES> 28,926 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 31,414 <INCOME-PRETAX> (48,535) <INCOME-TAX> 0 <INCOME-CONTINUING> (48,535) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (48,535) <EPS-PRIMARY> (19.98) <EPS-DILUTED> (19.98)