Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Walsh is only the fourth Australian to receive this honour since 1990.
He runs the 'managing complexity' group at NICTA's Neville Roach Laboratory in Sydney.
"Professor Walsh has made a major contribution to the Smart Transport and Roads (STaR) traffic management project, which NICTA is undertaking in collaboration with the NSW Roads and Traffic Authority," said Terry Percival, managing laboratory director at NICTA.
Walsh described the fellowship as "a great personal honour" and a demonstration that Australian research can be world class.
"I am very excited by the prospect of taking our technologies and applying them to challenging, real-world problems at NICTA like scheduling Sydney's traffic lights better," he said.
NICTA is the government-funded information and communications technology research centre of excellence.
David Bass
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