<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE REGISTRANTS' CONDENSED COMBINED BALANCE SHEET AS OF MARCH 31, 1997 AND THE RELATED CONDENSED COMBINED STATEMENT OF INCOME AND CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 24,110 <SECURITIES> 0 <RECEIVABLES> 95,478 <ALLOWANCES> 38,856 <INVENTORY> 0 <CURRENT-ASSETS> 136,703 <PP&E> 1,345,372 <DEPRECIATION> 364,144 <TOTAL-ASSETS> 1,270,634 <CURRENT-LIABILITIES> 262,881 <BONDS> 100,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 518,945 <OTHER-SE> 302,765 <TOTAL-LIABILITY-AND-EQUITY> 1,270,634 <SALES> 0 <TOTAL-REVENUES> 292,694 <CGS> 0 <TOTAL-COSTS> 162,439 <OTHER-EXPENSES> 16,669 <LOSS-PROVISION> 2,972 <INTEREST-EXPENSE> 5,586 <INCOME-PRETAX> 60,353 <INCOME-TAX> 23,973 <INCOME-CONTINUING> 36,380 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 36,380 <EPS-PRIMARY> 0 <EPS-DILUTED> 0