Systems and methods include a computer-implemented method for predicting fluid holdups along the borehole or the pipe on surface and to perform fluid typing and fluid properties characterization. Acoustic waves are transmitted by an array of acoustic wave transducers. Each transducer is configured to transmit acoustic waves at a different frequency. The acoustic waves are received by an array of acoustic wave receivers fixed on the bow centralizer on the tool used in the borehole. Each receiver is configured to receive only the given frequency of a given transducer, forming a receiver-transducer pair for the given frequency. Acoustic speeds measured at each given frequency and analyzed. A model is generated based on the analyzing. The model is configured to predict fluid holdups across the borehole and to perform fluid typing and fluid properties characterization in one phase, two phase, and three phase applications of gas, oil, and water.