<ARTICLE> 5
<LEGEND>
FINANCIAL DATA SCHEDULE FOR HYPERION TELECOMMUNICATIONS, INC. FOR THE THREE
MONTHS ENDED JUNE 30, 1998
</LEGEND>
<CIK> 0001017648
<NAME> HYPERION TELECOMMUNICATIONS, INC.
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-END>                               JUN-30-1998
<CASH>                                         444,265
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         288,909
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 897,385
<CURRENT-LIABILITIES>                           41,733
<BONDS>                                        500,177
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    214,085
<COMMON>                                           547
<OTHER-SE>                                     141,390
<TOTAL-LIABILITY-AND-EQUITY>                   897,385
<SALES>                                              0
<TOTAL-REVENUES>                                 7,635
<CGS>                                                0
<TOTAL-COSTS>                                   19,541
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              13,704
<INCOME-PRETAX>                               (18,551)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (18,551)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (28,548)
<EPS-PRIMARY>                                   (0.59)
<EPS-DILUTED>                                   (0.59)