<ARTICLE> 5 <CIK> 0000874534 <NAME> OUTDOOR SYSTEMS, INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 16,554 <SECURITIES> 0 <RECEIVABLES> 136,817 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 237,804 <PP&E> 1,876,065 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,756,826 <CURRENT-LIABILITIES> 200,006 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,844 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 2,756,826 <SALES> 0 <TOTAL-REVENUES> 705,911 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 491,389 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 138,065 <INCOME-PRETAX> 72,179 <INCOME-TAX> 31,037 <INCOME-CONTINUING> 41,142 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 41,142 <EPS-PRIMARY> .22 <EPS-DILUTED> .20