<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 six months ended June 30, 1999 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 6-MOS <FISCAL-YEAR-END> DEC-31-1999 DEC-31-1999 <PERIOD-START> APR-1-1999 JAN-1-1999 <PERIOD-END> JUN-30-1999 JUN-30-1999 <CASH> 250,500 250,500 <SECURITIES> 272,500 272,500 <RECEIVABLES> 210,800 210,800 <ALLOWANCES> 35,700 35,700 <INVENTORY> 29,100 29,100 <CURRENT-ASSETS> 818,400 818,400 <PP&E> 1,057,100 1,057,100 <DEPRECIATION> 115,300 115,300 <TOTAL-ASSETS> 2,840,100 2,840,100 <CURRENT-LIABILITIES> 271,500 271,500 <BONDS> 1,792,400 1,792,400 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 1,500 1,500 <OTHER-SE> 739,300 739,300 <TOTAL-LIABILITY-AND-EQUITY> 2,840,100 2,840,100 <SALES> 222,700 403,800 <TOTAL-REVENUES> 222,700 403,800 <CGS> 113,100 205,500 <TOTAL-COSTS> 113,100 205,500 <OTHER-EXPENSES> 135,600 246,500 <LOSS-PROVISION> 6,500 10,600 <INTEREST-EXPENSE> 36,200 65,700 <INCOME-PRETAX> (61,400) (108,900) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (61,400) (108,900) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (61,400) (108,900) <EPS-BASIC> (0.41) (0.77) <EPS-DILUTED> (0.41) (0.77)