<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS OF ICG COMMUNICATIONS, INC. AND SUBSIDIARIES FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1997, AS RESTATED TO REFLECT THE COMBINED OPERATIONS OF ICG AND NETCOM AS THOUGH THE MERGER OCCURRED AT THE BEGINNING OF THE PERIOD PRESENTED AND REFLECTED TO PRESENT THE OPERATIONS OF NETCOM AND ZYCOM AS DISCONTINUED, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 334,090 <SECURITIES> 120,834 <RECEIVABLES> 59,024 <ALLOWANCES> 5,804 <INVENTORY> 5,181 <CURRENT-ASSETS> 531,669 <PP&E> 651,611 <DEPRECIATION> 87,909 <TOTAL-ASSETS> 1,278,186 <CURRENT-LIABILITIES> 119,795 <BONDS> 929,571 <PREFERRED-MANDATORY> 393,618 <PREFERRED> 0<F1> <COMMON> 802 <OTHER-SE> (165,600) <TOTAL-LIABILITY-AND-EQUITY> 1,278,186 <SALES> 0<F1> <TOTAL-REVENUES> 174,002 <CGS> 0<F1> <TOTAL-COSTS> 156,893 <OTHER-EXPENSES> 148,416 <LOSS-PROVISION> 2,193 <INTEREST-EXPENSE> 82,290 <INCOME-PRETAX> (196,349) <INCOME-TAX> 0<F1> <INCOME-CONTINUING> (221,330) <DISCONTINUED> (28,285) <EXTRAORDINARY> 0<F1> <CHANGES> 0<F1> <NET-INCOME> (249,615) <EPS-PRIMARY> (5.92) <EPS-DILUTED> 0<F1> <FN> <F1>THIS VALUE IS NOT APPLICABLE. </FN>