<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 128,597 <SECURITIES> 0 <RECEIVABLES> 43,102 <ALLOWANCES> 2,722 <INVENTORY> 0 <CURRENT-ASSETS> 183,059 <PP&E> 661,324 <DEPRECIATION> 153,972 <TOTAL-ASSETS> 1,413,377 <CURRENT-LIABILITIES> 88,838 <BONDS> 827,453 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,649 <COMMON> 61 <OTHER-SE> 463,069 <TOTAL-LIABILITY-AND-EQUITY> 1,413,377 <SALES> 288,237 <TOTAL-REVENUES> 288,588 <CGS> 0 <TOTAL-COSTS> 92,849 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 2,883 <INTEREST-EXPENSE> 60,008 <INCOME-PRETAX> (12,081) <INCOME-TAX> (191) <INCOME-CONTINUING> (11,890) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (11,890) <EPS-PRIMARY> (.24) <EPS-DILUTED> (.24)