<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 199,647,000 <SECURITIES> 0 <RECEIVABLES> 106,084,000 <ALLOWANCES> 13,905,000 <INVENTORY> 0 <CURRENT-ASSETS> 296,637,000 <PP&E> 781,450,000 <DEPRECIATION> 131,307,000 <TOTAL-ASSETS> 1,113,095,000 <CURRENT-LIABILITIES> 157,617,000 <BONDS> 285,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,350 <COMMON> 317,000 <OTHER-SE> 51,470,000 <TOTAL-LIABILITY-AND-EQUITY> 1,113,095,000 <SALES> 0 <TOTAL-REVENUES> 129,184,000 <CGS> 0 <TOTAL-COSTS> 87,298,000 <OTHER-EXPENSES> 42,654,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,271,000 <INCOME-PRETAX> (16,579,000) <INCOME-TAX> 2,645,000 <INCOME-CONTINUING> (19,397,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (19,397,000) <EPS-PRIMARY> (0.98) <EPS-DILUTED> (0.98)