<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> JUN-30-2000 <CASH> 1,761,067 <SECURITIES> 1,024,419 <RECEIVABLES> 151,473 <ALLOWANCES> (9,255) <INVENTORY> 0 <CURRENT-ASSETS> 2,990,750 <PP&E> 2,093,305 <DEPRECIATION> 338,648 <TOTAL-ASSETS> 9,087,916 <CURRENT-LIABILITIES> 449,071 <BONDS> 4,346,613 <PREFERRED-MANDATORY> 1,635,727 <PREFERRED> 0 <COMMON> 4,212,069 <OTHER-SE> (1,594,859) <TOTAL-LIABILITY-AND-EQUITY> 9,087,916 <SALES> 0 <TOTAL-REVENUES> 246,498 <CGS> 0 <TOTAL-COSTS> 563,063 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 215,664 <INCOME-PRETAX> (215,555) <INCOME-TAX> 0 <INCOME-CONTINUING> (215,555) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (215,555) <EPS-BASIC> (0.98) <EPS-DILUTED> (0.98)