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                                                                      EXHIBIT 11
              MFS COMMUNICATIONS COMPANY, INC. AND SUBSIDIARIES

              SCHEDULE COMPUTING CONSOLIDATED NET LOSS PER SHARE
                      APPLICABLE TO COMMON STOCKHOLDERS
                (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA)


Common shares outstanding

<TABLE>
<CAPTION>
                                                   YEAR ENDED          YEAR ENDED            YEAR ENDED
                                                   DECEMBER 31,        DECEMBER 31,          DECEMBER 31,
                                                     1996                 1995                  1994
                                                   -----------         -----------           -----------
<S>                                                <C>                 <C>                   <C>
Shares outstanding at
   beginning of period1                            124,460,228         128,306,436           122,897,416
     Add issuances                                 100,050,302           1,953,792             5,409,020
                                                   -----------         -----------           -----------
                                                   224,510,530         130,260,228           128,306,436
     Less treasury shares                               -               (5,800,000)               -
                                                   -----------         ------------          -----------
Shares outstanding at
   end of period                                   224,510,530         124,460,228           128,306,436
                                                   ===========         ===========           ===========
</TABLE>


Net loss per share applicable
to common stockholders

<TABLE>
<CAPTION>
                                                  YEAR ENDED          YEAR ENDED            YEAR ENDED
                                                  DECEMBER 31,        DECEMBER 31,          DECEMBER 31,
                                                     1996                1995                  1994
                                                  ------------        ------------          ------------
<S>                                               <C>                 <C>                   <C>
Weighted average number
   of common shares
   outstanding                                     166,432,000         127,786,000           124,874,000
                                                  ============        ============          ============

Net loss                                          $ (1,838,030)       $   (267,898)         $   (151,201)
Dividends on preferred stock                           (29,429)            (15,064)                    -
                                                  ------------        ------------          ------------
Net loss applicable to
   common stockholders                            $ (1,867,459)       $   (282,962)         $    (151,201)
                                                  ============        ============          =============

Net loss per share applicable
   to common stockholders                         $     (11.22)       $      (2.21)         $       (1.21)
                                                  ============        ============          =============
</TABLE>

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(1)  All share data has been stated reflecting the common stock split in 1996.