Transport and low frequency noise characteristics of In0.52Al0.48As/InxGa1‐xAs heterostructures were measured in wide temperature range (15 K to 450 K) and experimental results compared with intrinsic 1/f noise models, estimating mobility fluctuations due to various scattering processes. The 1/f phonon energy partition fluctuation model predicts the value of Hooge parameter given as the ratio of the lattice constant and mean free path and several p‐type and n‐type samples reveal corresponding values of αH ≅ 0.5 and αH ≅ 4×10‐3, respectively. Most of the lattice‐matched n‐type samples however give much lower αH of about 10‐5 for temperature below 200 K, which is closer to the quantum 1/f noise theory limit. At elevated temperatures g‐r noise was observed with trap activation energy 0.63 eV. (© 2011 WILEY‐VCH Verlag GmbH & Co. KGaA, Weinheim)