A mobile terminal includes a first and a second identity module in which user information is stored. A first controller for controlling wireless communication based on user information is connected to either the first or the second identity module. A second controller for controlling wireless communication through a second wireless communication unit is connected to the other identity module. An switch connects one of the first or second identity modules to one of the first or second controllers, and optionally, connects the other identity module to the other controller responsive to a manual command or a service event such as a multimedia message, a short-range communication, a wireless Internet connection, a broadcast reception, or receipt of position information.