<ARTICLE> 5 <LEGEND> </LEGEND> <CIK> 0000785161 <NAME> Startec <MULTIPLIER> 1,000 <CURRENCY> US$ <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <EXCHANGE-RATE> 1 <CASH> 138,827 <SECURITIES> 3,686 <RECEIVABLES> 1,041,590 <ALLOWANCES> (143,689) <INVENTORY> 77,840 <CURRENT-ASSETS> 1,346,985 <PP&E> 2,920,523 <DEPRECIATION> (632,261) <TOTAL-ASSETS> 6,773,008 <CURRENT-LIABILITIES> 401,058 <BONDS> 2,780,932 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,232 <OTHER-SE> 3,418,772 <TOTAL-LIABILITY-AND-EQUITY> 6,773,008 <SALES> 0 <TOTAL-REVENUES> 4,006,074 <CGS> 0 <TOTAL-COSTS> 2,604,714 <OTHER-EXPENSES> 344,951 <LOSS-PROVISION> 112,202 <INTEREST-EXPENSE> 148,163 <INCOME-PRETAX> 267,373 <INCOME-TAX> 143,347 <INCOME-CONTINUING> 46,558 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 46,558 <EPS-PRIMARY> 0.11 <EPS-DILUTED> 0.11