Datasea Enters into 5G AI Multimodal Communication Cooperation Agreement Expected to Expand its China 5G Services Revenue
The Agreement with an Estimated Value of
According to the Agreement, Star Miracle can purchase 5G multimodal communication delivery services from Xunrui Technology over the course of 12 months, which commenced on March 15, 2024, that have an estimated total value of
Ms. Liu Zhixin, CEO of Datasea, commented: "We are pleased to enter into this Agreement as it is expected to increase new customer orders affirming Datasea's advanced capabilities in the AI-5G multimodal communication services sector. The Agreement aligns with our mission to become a leading provider of digital technology solutions and our commitment to increase our market share in
Star Miracle is a leading marketing services and application service provider (ASP) that offers high-quality mobile phone packages, prepaid fuel service plans, and prepaid recharge plans to tens of thousands of Chinese enterprises, e-commerce platforms, and individuals. The Agreement between the Company's subsidiary and Star Miracle reflects the highly-recognized value of Datasea's 5G multimodal communication platform, which provides AI-enhanced 5G multimodal communication services, data interfaces and related services and management.
The Company believes that the demand for 5G multimodal communication services in
About Datasea Inc.
Datasea Inc. ("Datasea") is a leading provider of products, services, and solutions for enterprise and retail customers in innovative industries, Intelligent Acoustics and 5G multimodal communication, especially focusing on ultrasonic, infrasound and directional sound technology. The Company's advanced R&D technology serves as the core infrastructure and backbone for its products. Its 5G multimodal communication segment operates on a cloud platform based on AI. Datasea leverages cutting-edge technologies in intelligent acoustics, utilizing ultrasonic sterilization to combat viruses and prevent human infections, and is also developing innovations in directional sound and medical ultrasonic cosmetology. In July 2023, Datasea established a wholly-owned subsidiary, Datasea Acoustics LLC, in
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the
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SOURCE Datasea Inc.