WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> US DOLLAR <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <EXCHANGE-RATE> 1 <CASH> 320,133 <SECURITIES> 0 <RECEIVABLES> 131,762 <ALLOWANCES> 2,674 <INVENTORY> 0 <CURRENT-ASSETS> 531,995 <PP&E> 253,610 <DEPRECIATION> (54,510) <TOTAL-ASSETS> 2,817,490 <CURRENT-LIABILITIES> 159,331 <BONDS> 600,000 <PREFERRED-MANDATORY> 200,000 <PREFERRED> 35 <COMMON> 980 <OTHER-SE> 871,155 <TOTAL-LIABILITY-AND-EQUITY> 2,817,490 <SALES> 0 <TOTAL-REVENUES> 291,364 <CGS> 0 <TOTAL-COSTS> 214,089 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 54,902 <INCOME-PRETAX> 19,308 <INCOME-TAX> (12,400) <INCOME-CONTINUING> 6,908 <DISCONTINUED> 0 <EXTRAORDINARY> (11,063) <CHANGES> 0 <NET-INCOME> (4,155) <EPS-PRIMARY> (0.10)<a> <EPS-DILUTED> (0.10)<a> <FN> a) This information has been prepared in accordance with SFAS No 128, Earnings per Share. The basic and diluted EPS calculations have been entered in place of primary and diluted, respectively. </FN>