<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 12,525 <SECURITIES> 0 <RECEIVABLES> 99,985 <ALLOWANCES> 8,085 <INVENTORY> 0 <CURRENT-ASSETS> 127,838 <PP&E> 284,643 <DEPRECIATION> 32,639 <TOTAL-ASSETS> 4,599,434 <CURRENT-LIABILITIES> 123,230 <BONDS> 1,619,897 <PREFERRED-MANDATORY> 269,267 <PREFERRED> 0 <COMMON> 2,796 <OTHER-SE> 1,421,669 <TOTAL-LIABILITY-AND-EQUITY> 4,599,434 <SALES> 0 <TOTAL-REVENUES> 142,005 <CGS> 0 <TOTAL-COSTS> 90,973 <OTHER-EXPENSES> 47,576 <LOSS-PROVISION> 1,213 <INTEREST-EXPENSE> 36,458 <INCOME-PRETAX> (34,263) <INCOME-TAX> (11,961) <INCOME-CONTINUING> (26,144) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (26,144) <EPS-PRIMARY> 0 <EPS-DILUTED> 0