<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the unaudited consolidated financial statements of McLeodUSA Incorporated and subsidiaries for the three and nine months ended September 30, 2000 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-2000 DEC-31-2000 <PERIOD-START> JUL-01-2000 JAN-01-2000 <PERIOD-END> SEP-30-2000 SEP-30-2000 <CASH> 353,600 353,600 <SECURITIES> 226,300 226,300 <RECEIVABLES> 309,000 309,000 <ALLOWANCES> 53,600 53,600 <INVENTORY> 31,000 31,000 <CURRENT-ASSETS> 959,400 959,400 <PP&E> 2,505,900 2,505,900 <DEPRECIATION> 343,600 343,600 <TOTAL-ASSETS> 6,669,700 6,669,700 <CURRENT-LIABILITIES> 562,000 562,000 <BONDS> 2,371,300 2,371,300 <PREFERRED-MANDATORY> 1,000,000 1,000,000 <PREFERRED> 12 12 <COMMON> 5,900 5,900 <OTHER-SE> 2,698,000 2,698,000 <TOTAL-LIABILITY-AND-EQUITY> 6,669,700 6,669,700 <SALES> 366,600 986,700 <TOTAL-REVENUES> 366,600 986,700 <CGS> 204,600 548,600 <TOTAL-COSTS> 204,200 548,600 <OTHER-EXPENSES> 255,700 659,300 <LOSS-PROVISION> 5,200 21,400 <INTEREST-EXPENSE> 40,700 113,600 <INCOME-PRETAX> (127,700) (311,900) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (127,700) (311,900) <DISCONTINUED> 0 0 <EXTRAORDINARY> (24,500) (24,500) <CHANGES> 0 0 <NET-INCOME> (152,200) (336,400) <EPS-BASIC> (0.28) (0.69) <EPS-DILUTED> (0.28) (0.69)