<ARTICLE>                     5
<LEGEND>
The schedule contains summary financial information extracted from the Company's
balance sheet as of June 30, 1998 and the Statements of Operations for the six
months ended June 30, 1998 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<CIK>           0001061148
<NAME>          Pathnet, Inc.
<MULTIPLIER>    1,000
       
                             
<PERIOD-TYPE>                               6-MOS
<FISCAL-YEAR-END>                           DEC-31-1998
<PERIOD-START>                              JAN-01-1998
<PERIOD-END>                                JUN-30-1998
<CASH>                                      115,821
<SECURITIES>                                0
<RECEIVABLES>                               0
<ALLOWANCES>                                0
<INVENTORY>                                 0
<CURRENT-ASSETS>                            214,943
<PP&E>                                      15,089
<DEPRECIATION>                              168
<TOTAL-ASSETS>                              384,625
<CURRENT-LIABILITIES>                       17,534
<BONDS>                                     346,007
<PREFERRED-MANDATORY>                       35,970
<PREFERRED>                                 0
<COMMON>                                    29
<OTHER-SE>                                  (14,915)
<TOTAL-LIABILITY-AND-EQUITY>                384,625
<SALES>                                     575
<TOTAL-REVENUES>                            575
<CGS>                                       3,765
<TOTAL-COSTS>                               7,903
<OTHER-EXPENSES>                            0
<LOSS-PROVISION>                            0
<INTEREST-EXPENSE>                          9,868
<INCOME-PRETAX>                             (13,195)
<INCOME-TAX>                                0
<INCOME-CONTINUING>                         (13,195)
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<EXTRAORDINARY>                             0
<CHANGES>                                   0
<NET-INCOME>                                (13,195)
<EPS-PRIMARY>                               (4.55)
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