<ARTICLE> 5
<LEGEND>
FINANCIAL DATA SCHEDULE FOR HYPERION TELECMMUNICATIONS, INC. FOR THE NINE MONTHS
ENDED DECEMBER 31, 1998
</LEGEND>
<CIK> 0001017648
<NAME> HYPERION TELECOMMUNICATIONS, INC.
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-END>                               DEC-31-1998
<CASH>                                         242,570
<SECURITIES>                                         0
<RECEIVABLES>                                   21,611
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         374,702
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 836,342
<CURRENT-LIABILITIES>                           39,528
<BONDS>                                        494,109
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    228,674
<COMMON>                                           547
<OTHER-SE>                                      73,484
<TOTAL-LIABILITY-AND-EQUITY>                   836,342
<SALES>                                              0
<TOTAL-REVENUES>                                34,776
<CGS>                                                0
<TOTAL-COSTS>                                   80,721
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              38,638
<INCOME-PRETAX>                               (64,842)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (64,842)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                    237
<CHANGES>                                            0
<NET-INCOME>                                  (95,302)
<EPS-PRIMARY>                                   (1.80)
<EPS-DILUTED>                                   (1.80)