<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 10,296 <SECURITIES> 0 <RECEIVABLES> 126,110 <ALLOWANCES> 7,942 <INVENTORY> 0 <CURRENT-ASSETS> 157,710 <PP&E> 305,224 <DEPRECIATION> 39,675 <TOTAL-ASSETS> 4,853,014 <CURRENT-LIABILITIES> 136,334 <BONDS> 1,806,398 <PREFERRED-MANDATORY> 278,627 <PREFERRED> 0 <COMMON> 2,796 <OTHER-SE> 1,396,711 <TOTAL-LIABILITY-AND-EQUITY> 1,399,507 <SALES> 0 <TOTAL-REVENUES> 324,513 <CGS> 0 <TOTAL-COSTS> 191,073 <OTHER-EXPENSES> 104,200 <LOSS-PROVISION> 2,471 <INTEREST-EXPENSE> 75,047 <INCOME-PRETAX> (48,278) <INCOME-TAX> (16,183) <INCOME-CONTINUING> (39,871) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (48,355) <EPS-BASIC> 0 <EPS-DILUTED> 0