<ARTICLE> 5 <CIK> 0000819694 <NAME> PEOPLES TELEPHONE COMPANY, INC. <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 22,834,000 <SECURITIES> 0 <RECEIVABLES> 21,997,000 <ALLOWANCES> (4,936,000) <INVENTORY> 0 <CURRENT-ASSETS> 43,446,000 <PP&E> 128,500,000 <DEPRECIATION> (78,138,000) <TOTAL-ASSETS> 131,317,000 <CURRENT-LIABILITIES> 32,438,000 <BONDS> 100,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 16,284,000 <COMMON> 162,000 <OTHER-SE> (17,840,000) <TOTAL-LIABILITY-AND-EQUITY> 131,317,000 <SALES> 112,235,000 <TOTAL-REVENUES> 112,235,000 <CGS> 91,587,000 <TOTAL-COSTS> 112,891,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 13,106,000 <INCOME-PRETAX> (13,762,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (13,762,000) <DISCONTINUED> 2,092,000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (11,670,000) <EPS-PRIMARY> (0.79) <EPS-DILUTED> (0.79)