Abstract: Disclosed is a mobile terminal having a time shift function and a method of implementing the same. The mobile terminal includes: a transceiver unit for receiving multimedia data through a wireless channel; a control unit for controlling the mobile terminal to store the multimedia data and to transform stored multimedia data into image and voice data after passing a predetermined length of time; a display unit for receiving the image and voice data and displaying the image and voice data; a keypad input unit for receiving the time shift selection signal; and a memory unit for storing the multimedia data and transmitting stored multimedia data to the control unit by the control unit. The effect of the present invention is such that a motion picture and live broadcast can be watched on the screen of the terminal at a later time as if they are currently being broadcasted.