<ARTICLE> 5 <LEGEND> The Legend contains summary financial information extracted from the Company's Balance Sheet as of September 30, 1998 and the Statement of Operations for the nine months ended September 30, 1998 and is qualified in it's entirety by reference to such financial statements. </LEGEND> <CIK> 0001047021 <NAME> Teligent, Inc. <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-mos <FISCAL-YEAR-END> Dec-31-1998 <PERIOD-START> Jan-01-1998 <PERIOD-END> Sep-30-1998 <CASH> 509,478 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 545,384 <PP&E> 115,236 <DEPRECIATION> 10,084 <TOTAL-ASSETS> 797,385 <CURRENT-LIABILITIES> 106,586 <BONDS> 568,360 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 526 <OTHER-SE> 120,017 <TOTAL-LIABILITY-AND-EQUITY> 797,385 <SALES> 0 <TOTAL-REVENUES> 480 <CGS> 50,571 <TOTAL-COSTS> 156,439 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 47,517 <INCOME-PRETAX> (176,240) <INCOME-TAX> 0 <INCOME-CONTINUING> (176,240) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (176,240) <EPS-PRIMARY> (3.35) <EPS-DILUTED> (3.35)