<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 459,443,000 <SECURITIES> 138,326,000 <RECEIVABLES> 153,151,000 <ALLOWANCES> (22,193,000) <INVENTORY> 0 <CURRENT-ASSETS> 191,054,000 <PP&E> 3,480,641,000 <DEPRECIATION> (345,986,000) <TOTAL-ASSETS> 4,622,238,000 <CURRENT-LIABILITIES> 1,367,280,000 <BONDS> 3,087,112,000 <PREFERRED-MANDATORY> 120,044,000 <PREFERRED> 1,000 <COMMON> 414,000 <OTHER-SE> (24,674,000) <TOTAL-LIABILITY-AND-EQUITY> 4,622,238,000 <SALES> 0 <TOTAL-REVENUES> 484,590,000 <CGS> 0 <TOTAL-COSTS> 243,476,000 <OTHER-EXPENSES> 222,596,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 226,422,000 <INCOME-PRETAX> (331,866,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (331,866,000) <DISCONTINUED> 0 <EXTRAORDINARY> (4,239,000) <CHANGES> 0 <NET-INCOME> (336,105,000) <EPS-PRIMARY> (9.29) <EPS-DILUTED> (9.29)