A server device, which includes a communication interface; a memory; and a processor operatively connected to the communication interface and the memory. The memory is configured to store a first database including identifiers of access points and location information. The processor is configured to: receive, from an external electronic device through the communication interface, an identifier of at least one access point including a first access point collected by the external device and an identifier of a base station, identify location information matching the identifier of the at least one access point and/or the identifier of the base station in the first database, and update location information matching an identifier of the first access point in the first database based on the identified location information.