Equinix Inc (EQIX) Q4 2019 Earnings Call Transcript

Equinix Inc (EQIX) Q4 2019 Earnings Call Transcript

Good afternoon and welcome to today's conference call.. With us today are Charles Meyers, Equinix's CEO and President and Keith Taylor, Chief Financial Officer.. Good afternoon and welcome to our fourth quarter earnings call.. We will continue to evolve and grow our go-to-market engine, targeting the right customers with the right workloads in the right locations.. We will continue to invest in Platform Equinix, expanding our global reach, while also adding new services and capabilities that will allow customers to more flexibly combine Equinix value with that of our partners to more quickly implement hybrid and multi-cloud architectures at the digital edge.. Interconnection revenues grew 14% year-over-year, driven by strong customer response to the Equinix Cloud Exchange Fabric, good traction in our new Internet exchange markets and solid interconnection ads.. The growth rates are all on a normalized and constant currency basis.. Peak Internet exchange traffic grew by 10% this quarter, also helped by these new OTT video offerings.. By combining Packet's market leading hardware automation capabilities with our platform and integrating directly with the ECX Fabric, we intend to create a world-class enterprise grade bare metal offering that allows customers to rapidly deploy digital infrastructure at the edge with