Disclosed is an electronic device including: a communication circuit; and a processor operationally connected to the communication circuit, where the processor is configured to use the communication circuit to merge a first transmission signal of a first communication scheme corresponding to a first band that is one of transmission bands of the first communication scheme and a second transmission signal of a second communication scheme corresponding to a second band that is one of the transmission bands, amplify the merged first transmission signal and second transmission signal using a power amplifier, transmit the amplified first transmission signal to a first external electronic device communicating in the first communication scheme, and transmit the amplified second transmission signal to a second external electronic device communicating in the second communication scheme. Other various embodiments are possible.