According to various embodiments, an electronic device may include a communication circuit operably coupled with an external electronic device and at least one processor, wherein the at least one processor may be configured to determine one or more target-wake-time (TWT) parameters of at least one TWT service period based on at least one of the amount of data transmitted to the external electronic device, an amount of data received from the external electronic device, or a bandwidth, wherein at least one data frame is transmitted or received between the electronic device and the external electronic device during the at least one TWT service period; identify quality of service (QoS) for the at least one data frame transmitted or received during the at least one TWT service period; change at least one TWT parameter among the one or more TWT parameters based on the identified QoS; and control the communication circuit to transmit or receive at least one next data frame during the a next TWT service period based on the changed at least one TWT parameter.