<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 264,826 <SECURITIES> 219,880 <RECEIVABLES> 107,558 <ALLOWANCES> 16,664 <INVENTORY> 0 <CURRENT-ASSETS> 10,965 <PP&E> 1,193,655 <DEPRECIATION> 209,979 <TOTAL-ASSETS> 1,748,237 <CURRENT-LIABILITIES> 196,666 <BONDS> 450,815 <PREFERRED-MANDATORY> 447,858 <PREFERRED> 2 <COMMON> 364 <OTHER-SE> (72,912) <TOTAL-LIABILITY-AND-EQUITY> 1,748,237 <SALES> 668,568 <TOTAL-REVENUES> 668,568 <CGS> 433,300 <TOTAL-COSTS> 699,377 <OTHER-EXPENSES> 32,760 <LOSS-PROVISION> 55,113 <INTEREST-EXPENSE> (31,683) <INCOME-PRETAX> (80,913) <INCOME-TAX> (13,925) <INCOME-CONTINUING> (95,504) <DISCONTINUED> 0 <EXTRAORDINARY> (66,952) <CHANGES> 0 <NET-INCOME> (162,456) <EPS-PRIMARY> (6.15) <EPS-DILUTED> (6.15)