<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
AUDITED BALANCE SHEETS FOR THE YEAR ENDED DECEMBER 31, 1996 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<CIK>                         0000867889
<NAME>                        INTERNATIONAL TELECOMMUNICATION DATA SYSTEMS
<MULTIPLIER>                  1
<CURRENCY>                    U.S. Dollar
       
                                               
<PERIOD-TYPE>                                            YEAR
<FISCAL-YEAR-END>                                 DEC-31-1996
<PERIOD-START>                                     JAN-1-1996
<PERIOD-END>                                      DEC-31-1996
<EXCHANGE-RATE>                                             1
<CASH>                                              4,138,575
<SECURITIES>                                       25,023,454
<RECEIVABLES>                                       3,232,967
<ALLOWANCES>                                           52,370
<INVENTORY>                                                 0
<CURRENT-ASSETS>                                   33,942,205
<PP&E>                                              4,273,920
<DEPRECIATION>                                      1,328,228
<TOTAL-ASSETS>                                     38,397,537
<CURRENT-LIABILITIES>                               2,302,808
<BONDS>                                                     0
<PREFERRED-MANDATORY>                                       0
<PREFERRED>                                                 0
<COMMON>                                               84,365
<OTHER-SE>                                         34,633,053
<TOTAL-LIABILITY-AND-EQUITY>                       38,397,537
<SALES>                                            16,689,401
<TOTAL-REVENUES>                                   16,689,401
<CGS>                                                       0
<TOTAL-COSTS>                                       4,283,364
<OTHER-EXPENSES>                                    9,691,677
<LOSS-PROVISION>                                            0
<INTEREST-EXPENSE>                                    416,148
<INCOME-PRETAX>                                     2,614,126
<INCOME-TAX>                                        1,111,788
<INCOME-CONTINUING>                                 1,502,338
<DISCONTINUED>                                              0
<EXTRAORDINARY>                                             0
<CHANGES>                                                   0
<NET-INCOME>                                        1,502,338
<EPS-PRIMARY>                                             .15
<EPS-DILUTED>                                             .15