<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUDITED
FINANCIAL STATEMENTS OF PHON-NET.COM, INC. FOR THE SIX MONTHS ENDED JANUARY 31,
2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                               JUL-31-1999
<PERIOD-START>                                  AUG-01-1999
<PERIOD-END>                                    JAN-31-2000
<CASH>                                              341,066
<SECURITIES>                                              0
<RECEIVABLES>                                         6,483
<ALLOWANCES>                                              0
<INVENTORY>                                               0
<CURRENT-ASSETS>                                  1,366,972
<PP&E>                                               79,101
<DEPRECIATION>                                            0
<TOTAL-ASSETS>                                    2,252,900
<CURRENT-LIABILITIES>                               162,289
<BONDS>                                                   0
<PREFERRED-MANDATORY>                                     0
<PREFERRED>                                               0
<COMMON>                                         11,016,585
<OTHER-SE>                                      (9,526,224)
<TOTAL-LIABILITY-AND-EQUITY>                      2,252,900
<SALES>                                               1,771
<TOTAL-REVENUES>                                      1,771
<CGS>                                                     0
<TOTAL-COSTS>                                             0
<OTHER-EXPENSES>                                  2,490,938
<LOSS-PROVISION>                                          0
<INTEREST-EXPENSE>                                        0
<INCOME-PRETAX>                                 (2,489,167)
<INCOME-TAX>                                              0
<INCOME-CONTINUING>                              (2,489,167)
<DISCONTINUED>                                            0
<EXTRAORDINARY>                                           0
<CHANGES>                                                 0
<NET-INCOME>                                    (2,489,167)
<EPS-BASIC>                                          (0.07)
<EPS-DILUTED>                                        (0.07)