<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL STATEMENTS (UNAUDITED) OF TELECOMMUNICATIONS INCOME FUND XI, L.P. FOR THE PERIOD AUGUST 26, 1997 (INCEPTION) TO DECEMBER 31, 1997, AND THE SIX MONTH PERIOD ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> OTHER 6-MOS <FISCAL-YEAR-END> DEC-31-1999 DEC-31-1999 <PERIOD-START> AUG-26-1997 JAN-01-1998 <PERIOD-END> DEC-31-1997 JUN-30-1998 <CASH> 10,593 193,524 <SECURITIES> 0 0 <RECEIVABLES> 0 2,977,610 <ALLOWANCES> 0 (51,573) <INVENTORY> 0 0 <CURRENT-ASSETS> 10,593 3,119,561 <PP&E> 0 0 <DEPRECIATION> 0 0 <TOTAL-ASSETS> 10,593 3,127,915 <CURRENT-LIABILITIES> 0 133,003 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 0 0 <OTHER-SE> 10,593 2,994,912 <TOTAL-LIABILITY-AND-EQUITY> 10,593 3,127,915 <SALES> 0 0 <TOTAL-REVENUES> 77 115,543 <CGS> 0 0 <TOTAL-COSTS> 0 37,874 <OTHER-EXPENSES> 485 15,266 <LOSS-PROVISION> 0 51,573 <INTEREST-EXPENSE> 0 0 <INCOME-PRETAX> (408) 10,830 <INCOME-TAX> 0 0 <INCOME-CONTINUING> (408) 10,830 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (408) 10,830 <EPS-PRIMARY> (40.80) 4.37 <EPS-DILUTED> (40.80) 4.37