Cell-free network is a new paradigm, originating from distributed MIMO, that has been investigated for a few recent years as an alternative to the celebrated cellular structure. Future networks not only consider classical data transmission but also positioning, along the lines of Integrated Communications and Sensing (ISAC). The goal of this paper is to investigate at the same time the ambiguity function which is an important metric for positioning and the understanding of its associated resolution and ambiguities, and the array gain when maximum ratio transmission (MRT) or MR combining (MRC) is implemented for data communications. In particular, the role and impact of using a waveform with non-zero bandwidth is investigated. The theoretical findings are illustrated by means of computational results.