<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-30-1998 <CASH> 736,265,000 <SECURITIES> 260,631,000 <RECEIVABLES> 190,831,000 <ALLOWANCES> (38,475,000) <INVENTORY> 0 <CURRENT-ASSETS> 55,248,000 <PP&E> 4,363,791,000 <DEPRECIATION> (509,361,000) <TOTAL-ASSETS> 6,194,097,000 <CURRENT-LIABILITIES> 603,951,000 <BONDS> 5,043,803,000 <PREFERRED-MANDATORY> 124,127,000 <PREFERRED> 2,000 <COMMON> 602,000 <OTHER-SE> 354,550,000 <TOTAL-LIABILITY-AND-EQUITY> 6,194,097,000 <SALES> 0 <TOTAL-REVENUES> 747,015,000 <CGS> 0 <TOTAL-COSTS> 372,134,000 <OTHER-EXPENSES> 337,384,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 328,815,000 <INCOME-PRETAX> (507,254,000) <INCOME-TAX> 3,327,000 <INCOME-CONTINUING> (503,927,000) <DISCONTINUED> 0 <EXTRAORDINARY> (30,689,000) <CHANGES> 0 <NET-INCOME> (534,616,000) <EPS-PRIMARY> (13.43) <EPS-DILUTED> (13.43)