<ARTICLE> 5 <MULTIPLIER> 1000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <CASH> 1,665 <SECURITIES> 0 <RECEIVABLES> 89,211 <ALLOWANCES> 2,002 <INVENTORY> 0 <CURRENT-ASSETS> 153,358 <PP&E> 179,091 <DEPRECIATION> 26,994 <TOTAL-ASSETS> 1,709,686 <CURRENT-LIABILITIES> 169,013 <BONDS> 400,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 12 <COMMON> 348 <OTHER-SE> 243,815 <TOTAL-LIABILITY-AND-EQUITY> 1,709,686 <SALES> 0 <TOTAL-REVENUES> 237,189 <CGS> 0 <TOTAL-COSTS> 188,583 <OTHER-EXPENSES> (3,824) <LOSS-PROVISION> 2,400 <INTEREST-EXPENSE> 56,647 <INCOME-PRETAX> (4,217) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,817) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,817) <EPS-PRIMARY> (0.05) <EPS-DILUTED> (0.05)