<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 1996 AND THE CONSOLIDATED BALANCE SHEET AT DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 550<F1> <SECURITIES> 0 <RECEIVABLES> 6,736<F1> <ALLOWANCES> 567<F1> <INVENTORY> 478<F1> <CURRENT-ASSETS> 8,457<F1> <PP&E> 75,680<F1> <DEPRECIATION> 39,545<F1> <TOTAL-ASSETS> 53,361<F1> <CURRENT-LIABILITIES> 10,350<F1> <BONDS> 15,286<F1> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 157<F1><F3> <OTHER-SE> 12,819<F1><F3> <TOTAL-LIABILITY-AND-EQUITY> 53,361<F1> <SALES> 0 <TOTAL-REVENUES> 29,155<F1> <CGS> 0 <TOTAL-COSTS> 23,077<F1> <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,082<F1> <INCOME-PRETAX> 4,911<F1> <INCOME-TAX> 1,782<F1> <INCOME-CONTINUING> 3,129<F1> <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 273<F1> <NET-INCOME> 3,402<F1> <EPS-PRIMARY> 2.20<F2><F3> <EPS-DILUTED> 2.18<F2><F3> <FN> <F1>RESTATED TO REFLECT THE MERGER OF BELL ATLANTIC CORPORATION AND NYNEX CORPORATION COMPLETED ON AUGUST 14, 1997 AND ACCOUNTED FOR AS A POOLING OF INTERESTS. <F2>RESTATED TO REFLECT THE MERGER (FOOTNOTE F1) AND THE ADOPTION OF FINANCIAL ACCOUNTING STANDARDS BOARD STATEMENT NO. 128, "EARNINGS PER SHARE." <F3> ADJUSTED TO REFLECT A TWO-FOR-ONE STOCK SPLIT ON JUNE 1, 1998. </FN>