SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* WINDSTREAM HOLDINGS, INC. (Last) (First) (Middle) 4001 RODNEY PARHAM ROAD (Street) LITTLE ROCK AR 72212 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 03/26/2015	3. Issuer Name and Ticker or Trading Symbol COMMUNICATIONS SALES & LEASING, INC. [ CSAL ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1	I	By Windstream Services, LLC(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* WINDSTREAM HOLDINGS, INC. (Last) (First) (Middle) 4001 RODNEY PARHAM ROAD (Street) LITTLE ROCK AR 72212 (City) (State) (Zip)

1. Name and Address of Reporting Person* WINDSTREAM SERVICES, LLC (Last) (First) (Middle) 9001 RODNEY PARHAM ROAD (Street) LITTLE ROCK AR 72212 (City) (State) (Zip)

Explanation of Responses:

1. The reported share is owned directly by Windstream Services, LLC, a Delaware limited liability company and wholly-owned subsidiary of Windstream Holdings, Inc., a Delaware corporation. As a result, Windstream Holdings, Inc. is an indirect beneficial owner of the reported share.

Remarks:

	WINDSTREAM HOLDINGS, INC., WINDSTREAM SERVICES, LLC, By: /s/ John P. Fletcher, Name: John P. Fletcher, Title: Executive Vice President & General Counsel	03/26/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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