A mobile terminal including a memory configured to store data; a wireless communication unit configured to perform wireless communication with a counterpart terminal; a display unit configured to display messages communicated with a counterpart of the counterpart terminal; and a controller configured to receive a selection signal selecting a first message included in the displayed messages, extract data including at least one of counterpart contact information, time information and memo information from the selected first message in response to the received selection signal, and update or add information stored in the memory of the mobile terminal using the extracted data.