<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <EXCHANGE-RATE> 1 <CASH> 29,560 <SECURITIES> 2,320 <RECEIVABLES> 266,205 <ALLOWANCES> (19,140) <INVENTORY> 0 <CURRENT-ASSETS> 318,979 <PP&E> 801,602 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,525,584 <CURRENT-LIABILITIES> 158,151 <BONDS> 215,000 <COMMON> 22 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 454,566 <TOTAL-LIABILITY-AND-EQUITY> 1,525,584 <SALES> 327,273 <TOTAL-REVENUES> 327,273 <CGS> 0 <TOTAL-COSTS> 305,132 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 14,214 <INCOME-PRETAX> 22,441 <INCOME-TAX> 8,640 <INCOME-CONTINUING> 13,801 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,801 <EPS-PRIMARY> 0.62 <EPS-DILUTED> 0.54