<ARTICLE> 5 <CIK> 0001085082 <NAME> ePHONE Telecom, Inc. <MULTIPLIER> 1 <CURRENCY> US DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <EXCHANGE-RATE> 1 <CASH> 4,557,802 <SECURITIES> 0 <RECEIVABLES> 4,557,802 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,827,002 <PP&E> 621,436 <DEPRECIATION> (49,632) <TOTAL-ASSETS> 7,606,246 <CURRENT-LIABILITIES> 1,077,621 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13,442 <OTHER-SE> 6,515,183 <TOTAL-LIABILITY-AND-EQUITY> 7,606,246 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> (710,940) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (710,940) <EPS-BASIC> (.053) <EPS-DILUTED> (.053)