<ARTICLE> 5 <CIK> 0000819694 <NAME> Peoples Telephone Company, Inc. <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 7424000 <SECURITIES> 0 <RECEIVABLES> 23050000 <ALLOWANCES> (4318000) <INVENTORY> 1852000 <CURRENT-ASSETS> 30863000 <PP&E> 136797000 <DEPRECIATION> (77588000) <TOTAL-ASSETS> 134150000 <CURRENT-LIABILITIES> 30092000 <BONDS> 100338000 <PREFERRED-MANDATORY> 15663000 <PREFERRED> 0 <COMMON> 162000 <OTHER-SE> (12442000) <TOTAL-LIABILITY-AND-EQUITY> 134150000 <SALES> 64603000 <TOTAL-REVENUES> 64603000 <CGS> 52412000 <TOTAL-COSTS> 97360000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6628000 <INCOME-PRETAX> (6849000) <INCOME-TAX> 0 <INCOME-CONTINUING> (6849000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6849000) <EPS-PRIMARY> (0.46) <EPS-DILUTED> (0.46)