Al-Jazeera America will cease operations by April 30, Qatar-based Al-Jazeera Media Network said on Wednesday.

The cable news channel cited economic challenges in the U.S. media market for the decision.

The company said it will expand its existing international digital services in the United States as consumers move away from traditional media and increasingly use mobile devices for news.

The network will provide more details about the expansion of its digital services in the United States over the coming months, the cable network said.

The company's U.S. network was launched in 2013.