PEG Bandwidth: Communications Sales & Leasing Acquisition of PEG Bandwidth Expected to Close

LITTLE ROCK, Ark., April 06, 2016 (GLOBE NEWSWIRE) - Communications Sales & Leasing, Inc. ("CS&L" or the "Company") (Nasdaq:CSAL) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, expired in connection with its previously announced acquisition of PEG Bandwidth, LLC ("PEG"), which satisfies one of the closing conditions of the pending acquisition.