<ARTICLE> 5 <LEGEND> ARTICLE 5 - FINANCIAL DATA SCHEDULE FOR 2ND QUARTER 1996 FORM 10-Q (DOLLARS IN THOUSANDS) THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED BALANCE SHEET AS OF JUNE 30, 1996 AND THE CONSOLIDATED STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 3,242 <SECURITIES> 29,028 <RECEIVABLES> 45,196 <ALLOWANCES> 23,236 <INVENTORY> 3,809 <CURRENT-ASSETS> 0 <PP&E> 663,549 <DEPRECIATION> 279,684 <TOTAL-ASSETS> 1,167,902 <CURRENT-LIABILITIES> 0 <BONDS> 1,269,698 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2 <OTHER-SE> (193,179) <TOTAL-LIABILITY-AND-EQUITY> 1,167,902 <SALES> 184,665 <TOTAL-REVENUES> 184,665 <CGS> 3,141 <TOTAL-COSTS> 150,184 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 21,891 <INTEREST-EXPENSE> 47,971 <INCOME-PRETAX> (101,808) <INCOME-TAX> 3,484 <INCOME-CONTINUING> (98,324) <DISCONTINUED> 0 <EXTRAORDINARY> (2,484) <CHANGES> 0 <NET-INCOME> (100,808) <EPS-PRIMARY> 0 <EPS-DILUTED> 0