An electronic device and method of managing a Subscriber Identification Module (SIM) are provided. The electronic device includes a memory configured to store at least one instruction; and a provisioning manager connected to the memory, wherein the instruction related to an operation performance of the provisioning manager is configured to search for an accessible communication service provider network on the basis of a Subscriber Identification Module (SIM) where a profile relating to a communication service connection of at least one communication service provider network is not installed and collect at least one communication service provider information on the basis of the found communication service provider network.